iPhone 5 Demand Weakens, Apple Cuts Screen Orders

As Nelson from The Simpsons would say and point: "HaHa!!!"

Apple lost its niche market, that was innovative phones combined with design and intelligent OS. In an ironic twist of faith, lets hope the chinese market can save AAPL.

Oh, how the mighty have fallen
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Apple fans laughed at Microsoft as they reduced their dominance, now it is happening to them it isn't quite as funny is it?

im guessing people who want a iphone already have a iphone. that this point there isnt much point of upgrading

Get with it WSJ and Tom's... Cutting current orders says nothing about previous orders. It's common practice for companies to front-load orders for materials and create an internal surplus. This is especially common after the Q4 of the fiscal year where a company sets out to max its spending for the year so as not to negatively impact Q1 of the next fiscal year. I'm saying all of this as a general Apple-disliker. But these orders say nothing about actual demand for the device--it's just an inferred conclusion from Tom's. Many analysts (both tech. and financial) in the industry have de-bunked this already.

There is a very interesting parallel that has been ongoing for years, a parallel that should make most reasonable human beings stop and think. Apple and Lance Armstrong. Examining the trajectories of these two entities should make us realize how shitty we really are. Modern media has done everything in it's power to turn every single story into an epic. We cheer the rise of a hero...but we find even more satisfaction in the fall of that same hero. Just as Lance Armstrong was built up to be this impossibly great athlete, Apple was inflated to levels never substantiated. Apple's "creator" attained god-like status when in reality he was an a-hole who's real talent was marketing. Projected sales numbers placed at unattainable levels then required the doctoring of the "actual" numbers...all of this led to a massive bubble. As we all know painfully well, bubbles burst. Just as Lance is experiencing his fall from glory, Apple is slowly sinking. Fans don't understand what's going on, just as non-fans couldn't understand the uncontrolled ascension. It doesn't make any sense because it shouldn't have happened in the first place. But now the paper hero is exposed, and the cycle will begin again. All the while the media tycoons rake in the profits, and we just follow, ready to gobble up the next epic they create.