“Analyst Shaw Wu with Sterne Agee revealed in a note to investors on Tuesday that his checks with suppliers indicate that demand for the iPhone 5 ‘remains robust,’” Neil Hughes reports for AppleInsider. “He’s not concerned by recent reports that interpreted iPhone 5 order cuts as a sign of weak demand.”

Hughes reports, “Wu joins a growing chorus of market watchers who believe any order cuts for iPhone 5 components are not representative of consumer interest. Mark Moskowitz of J.P. Morgan said the reports are just ‘more noise’ that will prompt investors to overreact, while Maynard Um of Wells Fargo said any cuts are actually ‘not news.’”

“For his part, Wu believes that reduced orders for iPhone 5 components are a result of improved yields, which has required Apple to place fewer orders for components,” Hughes reports. “In addition, he said supplier shift changes made by Apple have contributed to the cuts.”

Read more in the full article here.

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