News about iPad decrease in production makes Shares of Apple Inc. declined 3 percent after a firm claims that the iPhone maker is cutting orders from the supplier of components for the iPad. This claim is an indicator of declining sales of the iPad.
"Reports from several suppliers of Asia say that Apple will reduce the number of orders component by 25 percent for the last quarter of this year," said JP Morgan Chase firm.
Gokul Hariharan, Electronic Manufacturing Services Analyst for JP Mor
"Reports from several suppliers of Asia say that Apple will reduce the number of orders component by 25 percent for the last quarter of this year," said JP Morgan Chase firm.
Gokul Hariharan, Electronic Manufacturing Services Analyst for JP Mor