Japanese newspaper Sankei Biz (link via Google Translate) is reporting that Apple has halved LCD panel orders from Sharp due to lower-than-expected sales of the iPhone 5.
This is the latest indication apparently pointing to the device’s sluggish performance since its launch in September, and comes just three days after Reuters reported that Sharp has slowed production of the 9.7 inch panels used f
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.
Apple (NASDAQ: AAPL) reportedly has pared its Q1 orders for iPhone 5 parts owing to weaker than expected demand, according to two published accounts, at the same time as arch rival Samsung disclosed that cumulative sales of its Galaxy S device, on the market since May 2010, hit the 100 million unit sales mark.
Apple today announced that it managed to rack up 2 million pre-orders for the iPhone 5 in 24 hours, two times as many as it managed for the iPhone 4S last year, which sold over 1 million devices during its first 24 hours of pre-order sales.