AAPL: On cue, Apple's (AAPL -2.8%) sell-side fans...

11:19 AM On cue, Apple's (AAPL -2.8%) sell-side fans are defending it following reports of iPhone component order cuts due to weaker-than-expected demand. UBS, one of the first to report of production cuts, says it detects no change to iPhone orders since December, though it worries shares could be pressured near-term. Wells Fargo notes Apple's 65M-unit iPhone display order (per The Nikkei) was "an unrealistic number to begin with." JPMorgan says it only forecast 25M calendar Q1 iPhone 5 builds regardless. Notable Calls: "This sure feels like capitulation, doesn't it?" 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

• Apple Likely To Crush Analyst Estimates With 53 Million Q1 iPhone Shipments by Adam Levine-Weinberg
• Is Apple Really A 'Buy'? by Tony Abbate
• Apple: Get Ready For January 18 by Joe Springer

Related Articles on AAPL

• Monday Market Madness: Apple $500 Takes Down The Nasdaq by Philip Davis
• Qualcomm And Cirrus Logic: The iPhone 5 Trades by Ashraf Eassa
• Are You Counting Out Microsoft? by Bill Maurer

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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