UBS analysts: Apple iPhone component order reduction ***8216;old news***8217;
Monday, January 14, 2013 · 10:17 am
***8220;UBS analysts are out Monday with a note commenting on reports Apple has cut component orders for its iPhone 5 model,***8221; Tom Bemis reports for MarketWatch.
***8220;Analysts Steven Milunovich, Peter Christiansen and John Roy cited Monday***8217;s report in The Wall Street Journal,***8221; Bemis reports. ***8220;***8216;The article says Apple notified suppliers of the cut last month, which is when we and most of the Street reported it. Consequently, it appears this is old news ***8212; our analysts indicate no changes since,***8217; the UBS analysts wrote.***8221;
Read more in the full article here