There is some truth to this. They were having trouble sourcing the Wi-Fi board. On top of this though, without coming up with an entirely different model, they had no way to drop the price enough to keep it relevant in the market. This combination of factors is what led to the result. If Sharp can stay profitable and find a way to bring it back at a price that could increase velocity they will do so. As the article says though, nothing this year. Personaly, I think Sharp would be foolish to not brand their first 4K set as an Elite.
Now would be the best time for them to come out with the 945 model. If they come out with a 4K the price will still be way too high for the market.....It will probably sell in the dozens, and like HTWaits said could be edgelit as all the other 4K sets are!