Apple Cuts Q4 iPad Orders By 25%?

Posted September 26, 2011 at 3:09pm by iClarified | Please help us and submit a translation by clicking here | 4589 views

Apple has reportedly dropped its Q4 iPad orders by 25%, the first such cut that JPMorgan analysts in Hong Kong have ever seen, notes Bloomberg.

For a vendor such as Hon Hai, the cut could mean a drop to 13 million units in the fourth quarter from 17 million units in the third quarter, JPMorgan analysts wrote in the Sept. 25 report. The report said JPMorgan U.S. analyst Mark Moskowitz, who covers Apple, does not expect to lower his projection of 10.9 million to 12 million units of iPad shipments in the third and fourth quarters after the supply chain adjustments.

Wanli Wang, an analyst at RBS Asia Ltd, said reduced orders could reflect a weakening demand in Europe due to economic conditions and an effort by Apple to operate with reduced inventory.

Read More


Share
Add Comment
Unhandsome_scurvy_boy ^__^ - September 26, 2011 at 4:30pm
Note it's not confirmed by anyone...
Follow iClarified
Tumblr App Gets Improved Notifications, Ability to Clear Cache, More
The Tumblr app for iOS has been updated with ...
Universal Pictures Officially Announces Cast of Steve Jobs Movie
Universal Pictures has officially announced t...
Google Play Newsstand App Gets Handoff Support, Offline Access to Bookmarked Articles, More
YouTube Now Defaults to HTML5 Video Player Instead of Flash
YouTube has announced that its now defaulting...
FireCore Announces aTV Flash (XBMC Edition), aTV Flash (Black) 2.5
FireCore has introduced aTV Flash (xmbc editi...