|Jan 13, 2013, 11:06 PM||#1|
Apple Slashes iPhone 5 Part Orders Due to Weak Demand
The Wall Street Journal reports that Apple has slashed component orders for the iPhone 5 this quarter, responding to weaker-than-expected demand.
It is not unusual for demand, and thus Apple's component orders, to wane in the lead-up to hardware updates, but the iPhone 5 is just four months old, and the slashing of production at this stage of the device's lifecycle is sure to cause concern for the company, its investors, and others closely watching Apple's performance.
Article Link: Apple Slashes iPhone 5 Part Orders Due to Weak Demand
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