Apple's (AAPL) shares are -3.4% premarket following reports that the company has cut iPhone 5...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple's (AAPL) shares are -3.4% premarket following reports that the company has cut iPhone 5 component orders for calendar Q1 due to weaker-than-expected demand. That's possibly helping to depress sentiment on the stock-futures market, with the Nasdaq benchmark -0.4%. The Dow is flat and the S&P is +0.1%, while Europe remains mostly in the green.