“Reports out of China claim Apple is cutting back on iPhone 4S parts orders because consumer demand is dropping off,” Jeff Gamet reports for The Mac Observer.
“‘Those reports are wrong, according to UBS analyst Maynard Um, and his checks show iPhone 4S demand is still going strong,'” Gamet reports. “We believe the Commercial Times report is without merit and believe iPhone 4S demand is not an issue,’ Mr. Um said. ‘Our recent checks indicate that iPhone 4S is still selling out and experiencing 1-2 week waits for online orders with demand also driven by accelerated carrier/country launches.'”
Gamet reports, “He added that parts suppliers ‘have very recently indicated strength into [the calendar fourth quarter], which would be counter to weakening demand.'”
Read more in the full article here.
MacDailyNews Take: Maynard sure knows how to rain on a good ginned-up discount sale.