AAPL: Apple (AAPL) has cut iPhone 5 component orders...

9:38 PM Apple (AAPL) has cut iPhone 5 component orders for calendar Q1 due to weaker-than-expected demand, sources tell the WSJ; display orders are said to be cut by roughly 50%. The Nikkei also claims display orders have been halved, albeit from an elevated level of 65M. The articles back up analyst reports of iPhone production and component orders cuts, and raise the question of whether Apple needs to introduce a cheaper iPhone and/or one with a larger display to bolster its international share. Suppliers on watch: LPL, CRUS, OVTI, QCOM, BRCM, SWKS, TQNT. Read comments

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Press Releases on AAPL

• Apple Sells Three Million iPads in Three Days (Business Wire)
• Apple Reports Fourth Quarter Results (Business Wire)
• Apple Introduces iPad mini (Business Wire)

Focus Articles on AAPL

• Is Apple Really A 'Buy'? by Tony Abbate
• Apple: Get Ready For January 18 by Joe Springer
• Apple's Newest Hire Indicates An Impending Dividend Or Share Repurchase Increase by Zvi Bar

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Transcripts on AAPL

• Apple's CEO Discusses F4Q12 Results - Earnings Call Transcript
• Apple's CEO Discusses F3Q12 Results - Earnings Call Transcript
• Apple's CEO Presents at WWDC 2012 Keynote Address (Transcript)

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