iPhone 5 orders cut in half by Apple, due to “weak demand”?

Although it’s expected that Apple sold anywhere between 43-63 million iPhones last quarter, the latest report from WSJ implies that the company isn’t seeing as much demand for its 6th gen smartphone as expected. Apparently, display component orders have dropped considerably for the first quarter of 2014. In fact, they’ve allegedly been cut in half.

Appleā€™s orders for screens for the January-March quarter, for example, have dropped to roughly half of what it had previously planned to order, two of the people said. The U.S. company has also cut orders for components other than screens, according to one of the people.”

Coming from a respected source like the Wall Street Journal, we do need to at least consider what it’s saying. Although, if its supply chain sources are anywhere near as unreliable as DigiTimes’, this could all be nothing more than a rumor started by someone attempting to drop Apple’s value on the stock market. Then again, it’s not the first time we’ve read of Apple cutting iPhone 5 orders. It’s important to note too, that if Apple is planning a June release of the iPhone “5S”, it would make sense to begin slowing down production of the current iPhone to make room for the unreleased, updated one.

Via: WSJ

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