Apple halves iPhone 5 orders

Sharp has halved the production of screens for the iPhone 5, which indicates that sales of Apple’s latest mobile is not going as well as it was projected prior to the launch, as reported by the Nikkei Japanese page.

Nikkei information coincides with another of the Wall Street Journal published in the same direction on the same day. According to the New York newspaper, Apple had reduced "almost half" orders to their suppliers.

For the January-March quarter of the Cupertino company had ordered 65 million mobile screens for iPhone 5, of different dimensions to its previous phones. The order also crop has reached Japan Display.

In the third quarter last year, Apple sold 14.6% of all smartphones in the world, but a year before its market share was 23%. These figures contrast with those of rival Samsung, which in two years has grown from 8% to 31.3% of
the market.

The publication of this information by both routes have had an immediate repercussion on the Nasdaq stock exchange in New York, with a fall of over 3% of the value, arriving sometime trading below $ 500, exactly 498.51% , which
had not happened since February 2012. Later, Apple regained some losses.

In mid-September, the week before the launch of the iPhone 5, the company’s stock traded above $ 700, which has been their highest totaled figure ever. From this month, Apple’s stock has lost 30% of its value.

As usual, Apple has not come out against the news about reducing orders for the current quarter. The only figures provided on the sales of the iPhone 5 was the first weekend it went on sale on 22 September, when he indicated that
they had broken all records.

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Posted by Farasat Ali on Jan 15 2013. Filed under Sci-Tech. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry