Monday, 7 January 2013
Pay no mind to Apple's iPhone 5 order cuts, analyst says
Worries over Apple's apparent cutting back on parts orders for the iPhone 5 are nothing to worry about, according to J.P. Morgan analyst Mark Moskowitz.
In an investor note today, Moskowitz points out that recent reports have indicated a 20 percent cut in Apple's March-quarter supply chain orders for the iPhone 5. That news has some analysts fretting over Apple's near-term prospects, but Moskowitz believes their fears are overblown.
Though the analyst can't confirm the specific reason for the cut, he believes it might simply have resulted from an improvement in production
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