iPhone 5 Demand Weakens, Apple Cuts Screen Orders

Apple is said to have cut orders of the iPhone 5 screens by around 50 percent last month due to the demand of the device weakening.

The technology giant reduced its orders last month for iPhone 5 screens for the first quarter of 2013 by around half its original target, sources told The Wall Street Journal. It also purportedly cut orders for other screen sizes, as well as reducing orders for other components.

During December, UBS analyst Steven Milunovich reduced his iPhone sales estimates for the March, June, and September 2013 quarters by 5 million units each quarter. He believes the company won't experience the same success it did during 2012.

In related news, Apple is suffering its largest share price drop in four years.

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  • cats_Paw
    Well, it had to happen eventually...
    I dont think this would surprise anyone.
  • blakbird24
    jaquithHate Apple (USA) so love Korea (KOR), and while Google couldn't care less which 'device' your using with it's ($0) free OS as long as it's product (you) is using as many of it's services as possible to track everything (you) are doing for it's paying clients (Ads) advertisers.There's some some irony! Since it takes several units of the e.g. Galaxy to equate the same income as (1) iPhone Apple has little to worry about. So those that say "F*uck Apple" -- add to that "F*ck USA."This Forbes story has it right - http://www.forbes.com/sites/markro [...] -the-core/ so do you say F*ck Forbes?"

    FYI...all of apple's mobile products are made in china. Conversely, Samsung plans to have 100% of production of it's US-market mobile devices made in the US within 10 years. They've already started on that path. The only thing "American" about Apple is the location of their headquarters.

    If you believe Apple is not tracking and watching everything you do on an iPhone just like Google watches Android phones, then you are even more gullible than the fanboys you complain about.
  • Firion87
    As Nelson from The Simpsons would say and point: "HaHa!!!"
  • Other Comments
  • cats_Paw
    Well, it had to happen eventually...
    I dont think this would surprise anyone.
  • JJ1217
    BAHAHAHAHAHAHA... Apple is so funny.
  • Anonymous
    Apple seemed to be regaining Market share in the US, but in Europe its sales are suffering vs Android.

    This is the opportunity Microsoft have been waiting for, can they capatilize on it? I have a Lumia 920 and everybody who has seen it, except for die hard Apple fans (who would buy a lump coal for $600 if it said Apple on it), have been impressed.