Apple Cuts iPhone 5 Parts Supply due to Less Demand
WSJ Publication reports that Apple has cut its orders for components for the iPhone 5 due to weaker demand, despite the early worldwide launching.
Apple’s orders for iPhone 5 screens for the January-March quarter, for example, have dropped to roughly half of what the company had previously planned to order, two of the people said.
The Cupertino, Calif., Company has also cut orders for components other than screens, according to one of the people.
Apple notified the suppliers of the order cut last month, the people said.
Last week we published a rumour that Apple is working on cheaper iPhone that would target emerging markets, where the high-end device is for many difficult to pay, but was flatly denied by the company, that would be so only focused on the future iPhone 5S or iPhone 6.