“JPMorgan Chase & Co. (JPM) analyst Mark Moskowitz said an earlier report on Apple Inc. (AAPL) from his colleagues in Asia doesn’t represent the views of the U.S. team, and that ‘Apple is fine,'” Adam Satariano reports for Bloomberg.
“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.]
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