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Old 01-14-2013, 12:03 PM   #4
fjtorres
Grand Sorcerer
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Quote:
Originally Posted by elcreative View Post
Now we have Gizmodo quoting WSJ... so who's next and going to cite multiple sources in the know...
CNET.
http://news.cnet.com/8301-13579_3-57...n-weak-demand/

Who, interestingly enough, also report this:

http://news.cnet.com/8301-13579_3-57563792-37/apple-shares-slip-toward-$500-on-iphone-5-demand-worries/

Quote:
Apple's investors are unloading shares over news that the company has cut iPhone 5 component orders in half due to weaker-than-expected demand for its new smartphone. That came just weeks after UBS analyst Steven Milunovich cut his iPhone sales estimates by 5 million units in three 2013 quarters, saying that Apple would face increasing trouble selling both its smartphones and tablets.
I wonder if somebody is making a killing shorting Apple stock.
At $500-plus, even a 3% drop is going to be good money for rumormongers.

Last edited by fjtorres; 01-14-2013 at 12:06 PM.
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