Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Report: Apple Cutting Back iPhone Component Orders

The Wall Street Journal  is reporting that Apple (NASDAQ: AAPL  ) is cutting component orders for the iPhone 5 due to "weaker-than-expected demand," citing unnamed people who are "familiar with the situation." The orders relate to iPhone 5 displays for the current quarter -- spanning from January to March -- and were supposedly reduced by roughly half.

The sources indicate that Apple also reduced orders for other components in addition to the screens, letting suppliers know of the changes last month. That syncs with prior reports from December when Jefferies analyst Peter Misek noticed Apple suppliers getting order reductions, so the report today could be reiterating a development that was previously circulated.

Competition in the smartphone market has intensified lately, particularly with Samsung, which currently holds the title of the largest smartphone vendor by volume.



Read/Post Comments (1) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2194239, ~/Articles/ArticleHandler.aspx, 12/1/2015 1:46:57 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Evan Niu

Evan is a Senior Technology Specialist at The Motley Fool. He was previously a Senior Trading Specialist at a major discount broker. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.

Today's Market

updated Moments ago Sponsored by:
DOW 17,812.33 92.41 0.52%
S&P 500 2,091.33 10.92 0.52%
NASD 5,127.65 18.99 0.37%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/1/2015 1:31 PM
AAPL $117.31 Down -0.99 -0.84%
Apple CAPS Rating: ****