So, when they make a dramatic change in their forecast, they need to let their suppliers know," he said. "And this is coming from some of our supply-chain work out of China and Taiwan that has let us know, not exactly, but that there's been roughly this kind of a change in their forecast for the period from June to December, about a 20 percent cut in what they've been telling their suppliers to be ready for.
The cuts can be attributed to "slowing growth" in the high-end smart phone market.
The analyst also confirmed his belief that the company will make a low-cost/budget iPhone. It will be "something similar" to the iPhone 4 with a plastic back instead of a glass back, allowing Apple to sell it at a lower cost. He believed Apple will use many of the same components they have in previous years since they can get them at a much cheaper price.
One of the ways they can offer a lower-cost phone is if they do use the same components because those components are over four years old, and they can get them a much cheaper prices, allowing them to sell the phone at a lower cost
Finally, Blair revealed Samsung had hope to sell 15 Million Galaxy S4s but only sold 10 million units.
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