Apple Cuts Orders for iPhone Parts

Article Excerpt

BY JURO OSAWA

Apple Inc. has cut its orders for components for the iPhone 5 due to weaker-than-expected demand, people familiar with the situation said Monday.

Apple's orders for iPhone 5 screens for the January-March quarter, for example, have dropped to roughly half of what the company had previously planned to order, two of the people said.

The Cupertino, Calif., company has also cut orders for components other than screens, according to one of the people.

Apple notified the suppliers of the order cut last month, the people said.

The move indicates that sales of the new iPhone haven't been as strong ...

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Source: http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/GD_vs3EGqWE/SB10001424127887323596204578240440691304344.html

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