iPhone demand said to be ‘robust,’ recent cuts don’t reflect weak demand
iPhone demand said to be ‘robust,’ recent cuts don’t reflect weak demand
Following recent reports from Nikkei and The Wall Street Journal that suggested Apple (AAPL) slashed iPhone 5 component orders in half due to weak demand, the company’s stock fell significantly and opened below $500 for the first time in nearly a year. The reports have been called into question, however, with many believing they do not represent true consumer interest. Shaw Wu of Sterne Agee wrote in a note to investors on Tuesday, per Apple Insider, that his supply chain checks have indicated that demand for the iPhone 5 “remains robust.” The analyst believes the recent reports are a result of improved yield rates and possibly Apple’s recent supplier changes. More →










