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It's decidedly not normal for a stock with a price that high to see 4% fluctuations day-to-day unless there's real news. The WSJ's story claiming Apple cut iPh
by cageface 14y ago
It's decidedly not normal for a stock with a price that high to see 4% fluctuations day-to-day unless there's real news.
The WSJ's story claiming Apple cut iPhone 5 component orders in half is definitely real news if it turns out to reflect a real drop in demand.
- Cookingboy 14y agoExcept it's not REAL news. First of all it's not even news, since it's a rehash of similar reports that were first reported back in December, only this time it's display instead of other parts. Secondly there is absolutely no source or anything credible that states the reason of the cut. The cut is real (albeit old news), but reporting it as if iPhone 5's demand being weak was a matter of fact (it wasn't) is downright irresponsible. Also the initial report suggested the cut was from 65 million units, which means even at half of that it would have been a record non-holiday quarter, but that number was soon removed from the WSJ report because it may not have supported their fear-mongering. Something is fishy here.