Pay no mind to Apple’s iPhone 5 order cuts, analyst says

Uncategorized | Tuesday December 18 2012 1:18 AM | Comments (0) Tags: , , , , , ,

Pay no mind to Apples iPhone 5 order cuts, analyst says

(Credit: Apple )

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. Apple may have initially pushed its suppliers to ramp up manufacturing of the new phone, and the downshift in orders may be just an aftereffect. Of course, it’s also possible that Moskowitz’s interpretation is just wishful thinking.

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Pay no mind to Apples iPhone 5 order cuts, analyst says

Pay no mind to Apples iPhone 5 order cuts, analyst says

Pay no mind to Apples iPhone 5 order cuts, analyst says

Pay no mind to Apples iPhone 5 order cuts, analyst says

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