Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 27 September 2011 10:32

Apple slashes iPad parts orders

Written by Nick Farell
apple_ipad_logo

Not going as well as they should
Jobs' Mob has slashed its orders to vendors in the supply chain for its iPad by 25 per cent.

According to JPMorgan Chase it is the first such cut that analysts at JPMorgan’s electronic manufacturing services team in Hong Kong said they have ever seen. For 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.

Bad news for the suppliers, but why is Apple making the cut? It is possible that the world is starting to wake up to the fact that a keyboardless netbook is as useful as a chocolate teapot and when the economy is suffering, the last thing punters want is a glorified dinner tray.

JP Morgan thinks that the cut could reflect both weakening demand in Europe due to economic conditions there as well as a strategy by Apple, the world’s biggest company by market value, to operate with reduced inventory. Wanli Wang, a Taipei-based industry analyst at RBS Asia told Bloomberg that Apple was as last having to suffer from the same reality that other tech companies had to deal with.

Shares in Apple fell $8.21, or 2 percent, to $396.09 on the news.

More here.


blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments