Bloomberg is reporting that Apple has cut it’s orders to vendors that manufacture it’s incredibly successful tablet, the iPad by as much as 25%.
Several supply-chain vendors indicated in the past two weeks that Apple lowered fourth-quarter iPad orders 25 percent, the first such cut that analysts at JPMorgan’s electronic manufacturing services team in Hong Kong said they have ever seen . . . Reduced orders from Apple to iPad suppliers 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 Ltd., said today.Although the PC industry has seen a slow down, there was no stopping the Apple iPad which, as Apple reported in their last quarter, was selling as much as they could manufacture it. Is Apple finally expecting a sales of the iPad to decrease or is a new model on its way?
About Abbas Jaffar AliAbbas Jaffar Ali is the founder of tbreak.com and a blogger, geek and self-declared tech pundit who can't stop talking about technology. Find him on twitter as @ajaffarali
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