Apple Decreased iPhone 5 Components Orders Due to Weak Demand

Apple Decreased iPhone 5 Components Orders Due to Weak Demand, Apple has cut orders for iPhone 5 screens and other components due to weaker than expected demand, according to the Wall Street Journal. :

Apple’s orders for iPhone 5 screens for the January-March quarter, for example, have dropped to roughly half of what the company had previously planned to order, two of the people said.

The Cupertino, Calif., company has also cut orders for components other than screens, according to one of the people.

Apple notified the suppliers of the order cut last month, the people said.

If the reports are correct, Apple’s iPhone command over the market is weaning for the first time since it’s launch in 2007,Apple was  banking on strong iPhone 5 sales to better compete with Samsung and other device makers in the race for global smartphone dominance.

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