Lol... Have you bothered to look at the numbers in the report and how it renders it totally bogus!
65 million of iphone 5 for q2... Lol
Add iphone 4 and 4s to that ..u get vlose to 80/90 million phones for q2... .... Now if that dies not tell. The hole base of the rport is bogus nothing will.
But lets say it u true.
After cuts to 70% or so level we still end up with. 52 million phones for q2... That is weak demand...?
That is block buster demand.
The whole thing is a joke...
Reuters) - Apple Inc has almost halved its order with suppliers of LCD panels for the iPhone 5 in the current quarter due to weak demand, the Nikkei reported on Monday.
Apple has asked suppliers Japan Display Inc, Sharp Corp and South Korean company LG Display Co Ltd, to cut supply, down from an initial plan to order about 65 million units in the quarter, the Japanese daily said.
Japan Display's plant in Nomi, Ishikawa Prefecture, where the iPhone maker has invested heavily, is expected to temporarily reduce output by 70 percent to 80 percent compared to the October to December period, the financial daily reported.