News today that Apple (NASDAQ:AAPL) had cut its order for iPhone 5 screens and other components by as much as half for this quarter caused its shares to take another tumble. The company's shares are down around 28% overall since the price peaked in September.
In the following video, Motley Fool tech and telecom analyst Andrew Tonner tells us why he thinks sticking with Apple is the right decision, and what other factors apart from weakening iPhone demand may have played into the company's decision to cut its components order this quarter.
Andrew Tonner owns shares of Apple. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.