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Apple Cuts Orders For iPhone 5 Components, Reports WSJ

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http://techcrunch.com – Apple has cut orders for iPhone 5 components due to weaker-than-expected demand, reports the Wall Street Journal. The article said that “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.” In addition, orders for other components have also been reduced. Suppliers were notified last month. The company’s stock dropped last month due to reports from analysts that Apple was cutting into iPhone 5 orders for the first quarter of 2013, leading to speculation that dema (IT news)