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Apple Cuts Orders For iPhone Parts As Demand Slips

2013-01-14 15:39:27| MobileTechNews

WSJ reports Apple has reduced orders for Apple iPhone 5 components due to weaker-than-expected demand.

Apple shares flirt with $500 following iPhone 5 demand worries

2013-01-14 15:13:20| CNET News.com

Some reports have suggested that the iPhone is experiencing weaker-than-expected demand, pushing Apple's shares lower. [Read more]

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Apple reduces orders for iPhone 5 components - report

2013-01-14 09:05:00| Telecompaper Headlines

(Telecompaper) Apple has cut its orders for components for the iPhone 5 due to weaker-than-expected demand, people familiar with the situation told the Wall Street Journal. Apple's orders for iPhone 5 screens for the first quarter have dropped to roughly half of what the company had previously planned to order, two of the people said. The company has also cut orders for components other than screens, according to one of the people. Apple notified the suppliers of the order cut last month, the report said.Japan's Nikkei also reports that Japan Display and Sharp have started reducing production of smartphone LCD panels for Apple amid slower-than-anticipated global sales of the iPhone 5. LG Display is the other main supplier of LCD panels for the iPhone 5, which debuted last September. Apple had planned to order from the trio enough panels for a total 65 million units this quarter. But now, the US firm is believed to have notified them to roughly halve that figure.

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Apple reportedly cuts iPhone screen orders on weak demand

2013-01-14 05:05:33| CNET News.com

The Cupertino-based tech giant cut orders of the iPhone 5 screens by roughly 50 percent last month, a possible sign of sagging demand, sources tell the Wall Street Journal. [Read more]

Tags: orders screen demand apple