Originally Posted by elcreative
Now we have Gizmodo quoting WSJ... so who's next and going to cite multiple sources in the know...
Who, interestingly enough, also report this:
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.