Click here to donate to the Salvation Army Hurricane Matthew relief effort

Apple cuts orders for iPhone 5, weak demand cited

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
iPhone generic

NEW YORK –  Apple shares are falling in premarket trading after The Wall Street Journal reported the company has cut its orders for iPhone 5 components due to “weaker-than-expected demand.”

The newspaper reports two people it did not identify by name said Apple’s first-quarter orders for iPhone 5 screens have dropped to about half of what was expected.

The report claims Apple has cut other components too.

Apple reportedly informed suppliers last month.

Source: The Wall Street Journal

Miss America


Awkward Families


‘People of Walmart’


Faces of Meth