AAPL: Apple (AAPL -0.4%) has cut its calendar Q2...

9:55 AM Apple (AAPL -0.4%) has cut its calendar Q2 iPad Mini orders to the 10M-12M range, sources tell Digitimes, which is generally better at reporting on supply chain activity than future product launches. The site claims the cut is due to "increased competition" from 7" Android tablets, but adds Apple is adjusting reserves ahead of a likely calendar Q3 refresh. AU Optronics (AUO -2.6%) and LG Display (LPL +0.2%) supply LCD panels for the Mini. Read comments

AAPL price at time of publication: $449.95. Check AAPL price now »

Get Seeking Alpha notifications with our iPhone App | Android App

Focus Articles on AAPL

• Apple - It's All About Earnings by Bespoke Investment Group
• Apple Must Do The Unthinkable To Address Emerging Markets by Nicholas Kitonyi
• Why China Cannot Be Apple's No.1 Market by Sneha Shah

Press Releases on AAPL

• Apple Updates Processors & Prices of MacBook Pro With Retina Display (Business Wire)
• Statement by Apple (Business Wire)
• Wi-Fi + Cellular Models of iPad mini & Fourth Generation iPad Available in China This Friday (Business Wire)

Related Articles on AAPL

• Today's Market News To Trade On: 5 Stocks Moving On News by Matthew Smith
• BlackBerry Reminds Me Of Palm Just Before The End by Markos Kaminis
• Sony's Xperia Z Challenges Apple And Samsung by Todd Campbell

StockTalk on AAPL: AAPL StockTalk | Twitter AAPL | Twitter $AAPL | AAPL Instablogs

Recent Market Alerts on AAPL: All currents | Earnings | Dividends | M&A | On the move

Transcripts on AAPL

• Apple's CEO Discusses F1Q 2013 Results - Earnings Call Transcript
• Apple's CEO Discusses F4Q12 Results - Earnings Call Transcript
• Apple's CEO Discusses F3Q12 Results - Earnings Call Transcript

---

Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.

Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following AAPL: unsubscribe from all AAPL email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on AAPL

To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.

Prices in this email are BATS Last Sale quotes.

Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001