Is a new model around the corner or is recession hitting Apple?
Bloomberg is reporting that Apple has cut it’s orders to vendors that manufacture it’s incredibly successful tablet, the iPad by as much as 25%.
Several supply-chain vendors indicated in the past two weeks that Apple lowered fourth-quarter iPad orders 25 percent, the first such cut that analysts at JPMorgan’s electronic manufacturing services team in Hong Kong said they have ever seen
Reduced orders from Apple to iPad suppliers could reflect both weakening demand in Europe due to economic conditions there as well as a strategy by Apple, the world’s biggest company by market value, to operate with reduced inventory, Wanli Wang, a Taipei-based industry analyst at RBS Asia Ltd., said today.
Although the PC industry has seen a slow down, there was no stopping the Apple iPad which, as Apple reported in their last quarter, was selling as much as they could manufacture it. Is Apple finally expecting a sales of the iPad to decrease or is a new model on its way?