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September 26th, 2011, 12:22 PM
#1
Apple Cuts iPad Orders
http://www.chicagotribune.com/busine...,2956683.story
Apple shares dipped nearly 3 percent in early trading on Monday after an analyst said the iPhone maker is cutting orders from suppliers of parts for its iPad tablet.
JPMorgan Chase said in the research note that several suppliers indicated in the past two weeks that Apple lowered fourth-quarter iPad orders by 25 percent.
Has the tablet market reached saturation point with all the cheaper tablets? Any connection to Steve Jobs resigning as CEO? Is Apple looking for new suppliers? Are they clearing the marketplace for the iPad3?
We may never know with Apple's code of secrecy as it is, but stock holders clearly are spooked.
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