People apparently don’t want the iPhone 5 as bad as Apple had thought, forcing the firm, one of the most valuable companies in the world, to cut orders for components, people familiar with the situation have made known.
According to the Wall Street Journal, Apple’s orders for iPhone 5 screens for the January-March quarter have been reduced to approximately half of what had previously been planned. Orders for other components have also been reduced.
Apple is said to have informed its suppliers of the cuts last month.
This follows the reality of Apple’s slipping market share in the mobile space from 21 percent in Q3 2011, to 14.6 percent in Q3 2012. Apple’s main rival in the mobile market space, Samsung, has seen exponential growth each quarter, with a worldwide market share which now stands at 31.3 percent.
Apple’s latest earnings report will come in the next few weeks.
Thanks, Videogamer.
whaaaa…..???????? people are actually starting to realize that apple virtually releases almost the exact same product every year.
@Ghost: Haha! Yep. The games industry should now watch out, as Apple will be looking elsewhere to make money.. A new product soon? Apple TV with gaming capabilities?
well they technically are already are part of the game industry. they make loads of money off the app store.
True, but something more dedicated from them – tied into the much-talked about Apple TV might be in the making.
this is prob the best news ive heard all day!
i hate Apple and everything they stand for.
Android phones have a much bigger market share than Apple and the latest android phones are more powerful and nearly half the price.
Looking forward to the sony experian z coming out next month, looks a really promising phone, my contract is up in march so ill be interested to see how it performs.
This news arrives exactly 11 days before i was going to get my First Ever iPhone.
—————-
I’ve been a Blackberry & Android user for years, and now that i wanted to change my current phone, i thought i’ll go with iPhone 5.
sad to see apple fall so far!
but hardly surprising when the iphone 5 was really a iphone 4SS.
people were expecting the jump from 3S to 4, but they got the jump from 4 to 4S.
yay it has a bigger screen, yay it has a better processor, big woopty doo hoo!
come on apple you can do better than this!
we want a phone that feels new and amazing, not yesterdays phone which has been polished and slightly improved.
another thing i hate about IOS is some simple little things like the top slide bar.
slide down on android and you get shortcuts to turn on or off WIFI, mobile 3G, ect, ect.
IOS?
weather!
seriously?
why cant apple add the conveniences and time saving features android offers?
$ony xperia Z, the worlds first smartphone that actually has a power saving mode that does more than dim the phones display!
amazing isent it, weve gone so long and phones really havent moved a inch!
i always said the death of jobs would be the death of apple.
sometimes i get sick of always being right……..
Nobody stays on top forever.