SHAFAQNA

SHAFAQNA (Shia International News Association) --  Apple has cut orders for the components of its iPhone 5, and it’s probably due to weaker-than-expected demand. The company has cut orders for iPhone 5 screens by about half of what it had previously planned to order for the January-March quarter. Sources say there have been cuts to orders for other components as well. Apple has recently been facing challenges from Samsung and other smartphone makers. During the third quarter of 2012, Apple held 14.6 percent of worldwide smartphone shipments, down from a peak of 23 percent in the fourth quarter of 2011. Citigroup analysts said, “It is unlikely that Apple is cutting orders in a ‘great’ demand environment.”www.shafaqna.com/English