Apple Cuts iPhone 5 Screen Orders Due To Weak Demand

Published at: 1/14/2013 Category:
Apple is reportedly dialing down its iPhone component orders, a possible sign that demand for the smartphone is not quite as strong as Apple expected. The company cut its orders last month for iPhone 5 screens for the first quarter of the 2013 calendar year by roughly half its original target, sources tell The Wall Street Journal. The Cupertino, Calif.-based tech giant also reportedly trimmed orders for other screen sizes as well.

Apple Cuts iPhone 5 Screen Orders Due To Weak Demand

The report appears to support the forecast of at least one analyst, who predicted last month that Apple would face challenges selling its iPhone and iPad. In December, UBS analyst Steven Milunovich slashed his iPhone sales estimates for the March, June, and September 2013 quarters by 5 million units each quarter, while sales estimates for the iPad were cut by 2 million per quarter.
 

Design & Development by ExtremeCircuits.Net™

I
Mobile Phones Blog