Hayweed

FBR Says Apple Cutting Q1 Production of iPod, iPhone

If sales were falling off a cliff, which this article suggests, then why did Apple introduce new higher capacity ipod touch and iphone at higher prices. If the iphone has inventory problems then apple would have cut the price on the iphone 8 gb and introduced the 16gb iphone at $399 instead of the $499 that they are asking. Same with the touch 32 gb which is at a new higher price point. This to me means that sales are good. Plus Apple ramped up the Christmas products and probably has some inventory to work off on the ipods. The laptop reduction is most likely due to a new macbook pro and the introduction of the macbook air.

This article is a classic bear raid in a weak market to drive the stock down by casting doubt on sales.