Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

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

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...
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