Thursday, January 17, 2013

Bad Apple? Company reportedly cuts orders for iPhone 5 parts | Reduction

Bad Apple? Company reportedly cuts orders for iPhone 5 parts

Hamlet 09
Hamlet 09 by Visentico / Sento
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Excerpt:

Sept. 12, 2012: Phil Schiller, Apple's senior vice president of worldwide marketing, speaks on stage during an introduction of the new iPhone 5 at an Apple event in San Francisco. AP Photo/Eric Risberg Sept. 12, 2012: Phil Schiller, Apple's senior vice president of worldwide marketing, gives prices of the iPhone 5 during an Apple event in San Francisco. AP Photo/Jeff Chiu NEW YORK –  Apple shares are falling in premarket trading after The Wall Street Journal reported that the company has cut its orders for iPhone 5 components due to weaker-than-expected demand. The newspaper says two people it did not identify by name told it that Apple's first-quarter orders for iPhone 5 screens have dropped to about half of what the company had planned to order.

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Phil Schiller

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Company: Apple

Overall Sentiment: 0.0851341

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