As Apple (AAPL -2.3%) drops following J.P. Morgan's report of a major cut in Q4 iPad orders for...

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

As Apple (AAPL -2.3%) drops following J.P. Morgan's report of a major cut in Q4 iPad orders for Asian suppliers, Steve Kovach suggests the move could simply be the result of Apple shifting some of its manufacturing to Brazil. It was reported earlier this month a Brazilian plant partly owned by Foxconn is ready to begin iPad production.