Sharp president outs iPhone 5 details to distract from awful earnings

iPhone 5 Specs Display

Sharp (6753) reported a rough second quarter on Thursday, and the best way to lighten the blow from a massive $1.2 billion operating loss is to highlight new deals with the world’s most valuable company. Newly appointed Sharp president Takashi Okuda confirmed on Thursday that his company will be supplying display panels for Apple’s sixth iPhone, and he told reporters that the displays will begin shipping this month, Reuters said. The timing is in line with an earlier exclusive BGR report, which contradicted rumors out of the Far East and stated that Apple’s next-generation iPhone had not yet entered mass production. LG Display and Japan Display are also rumored to be supplying panels for the next iPhone, which will reportedly feature a larger 4-inch screen. Apple will unveil its new iPhone during a press conference on September 12th, where it will reportedly also take the wraps off the much rumored iPad mini and a new iPod nano.

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