Apple’s iPhone cut is old news

Tue, Jan 15, 2013


Is the story regarding Apple cutting its iPhone 5 display orders bad news? Could this be an attempt to manipulate the stock ahead of a blockbuster earnings release?

BusinessInsider thinks as much, and points out the following stories going as far back as December 5 which reference a cut in Apple’s March quarter iPhone orders.

Meanwhile, investors aren’t terribly enthused as Apple has dipped down below $400 for the first time since last February.


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