Remains of the Day: Supply and demand
Hon Hai can’t keep up with iPhone demand, a jury supplies a reason for Apple to pay out a good chunk of change, and we demand a ride in Eddy Cue’s Ferrari. The remainders for Wednesday, November 7, 2012 are in supply/demand balance.
Hon Hai Says iPhone 5 Design Leads to Production Delays (Wall Street Journal, subscription required)
Apple manufacturing partner Hon Hai (better known as Foxconn in some corners) says it just can’t make the iPhone 5 fast enough to supply Apple’s demand. The difficulties apparently have to do with the Taiwanese company being unable to meet quality standards due to production issues related to design. Translation: The iPhone 5 is so light, it’s literally floating away. (If you can’t make it past the Journal’s paywall, our colleagues at IDG News Service prepared their own account of iPhone 5 production delays.)
Patent holding firm VirnetX reaped a payday this week, as a federal jury in Texas ordered Apple to shell out $368 million for patent infringement. The four patents in question were related to establishing VPNs and domain names; the infringing element was, apparently, FaceTime. Still unsettled is a patent dispute over the iPhone launched by Dick Tracy.
Pixar Names Building After Steve Jobs (The Pixar Times)
Steve Jobs’s other company, Pixar, has honored the late innovator by naming the main building on its campus after him. Okay, how long do we have to wait for his Pixar animated feature?
Apple’s Eddy Cue joins Ferrari board of directors (AppleInsider)
Apple senior vice president of Internet software and services Eddy Cue has joined the board of Ferrari. Yes, that Ferrari. Cue apparently has been a Ferrari owner for the last five years, but has he ever invited us for a ride? Nooooooooo.