kris23

Another Report That Apple is Cutting iPhone Production

This is probably the millionth article to report this. For the last time, iPhone demand is not dropping that drastically. A cut back on production could be related to demand, but I dont necessarily think this is the case for Apple. Like brewer said, it could be more a channel supply issue. Apple has proven to be recession proof, sentiment is bullish (www.predictwallstreet....) even despite its fluctuating price.