Apple reportedly cuts iPad orders by 25% for Q4 – or production shifts to Brazil
Apple reportedly cuts iPad orders by 25% for Q4 – or production shifts to Brazil
Apple has reportedly cut its fourth-quarter iPad orders to China-based manufacturing partners by 25%, JP Morgan analysts Mark Moskowitz and Gokul Hariharan wrote in a research note on Sunday. According to Bloomberg, JP Morgan expects Hon Hai’s iPad 2 production to drop from 17 million units to 13 million units in the fourth quarter as a result of the cut, though Moskowitz did not adjust his earlier iPad shipment projections of 10.9 million units and 12 million units in the third and fourth calendar quarters as a result. Read on for more. More →











