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>> AAPL Latest News

JAN 14, 2013 - Fast Company

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Apple Scales Back On iPhone 5 Parts Due To Weak Demand

It's just as the analysts predicted. Apple has, according to the WSJ, cut back on purchasing components for its iPhone 5 due to a lack of demand. The report claims that orders for Q1 of 2013 are roughly half of what the firm expected, hence the cutback on parts. It's nothing, however, out of the ordinary for tech stock analysts, who had been predicting December's drop in Apple's soaraway stock for some time now. Said analysts, however, are now talking about a new iPhone coming in early Summer 2013, and have been slapping Buy stickers on AAPL stock. The California firm has for some time ... Read More

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