“According to the earlier report, Apple is cutting orders to vendors in the supply chain for its iPad,” Satariano reports. “That report ‘has the equity markets worried about Apple,’ Moskowitz wrote today. The report authored by Gokul Hariharan ‘focuses on how Hon Hai could be impacted by potential iPad sell-in order cuts. This alert is not the view of the U.S. IT hardware team.'”
Read more in the full article here.
MacDailyNews Take: Walking it back well after the
desired resultdamage is done?
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]
Deutsche Bank ups Apple price target to $530, says iPad production doing well – September 26, 2011
Apple falls below $400 on report of iPad supply slowdown; Amazon ‘iPad killer’ – September 26, 2011
There are no iPad cuts; some production has moved to Brazil – September 26, 2011
Analyst: Apple reduces iPad 2 orders by 25%, could drop price – September 26, 2011