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Technology Stocks : Apple Inc.
AAPL 269.05-0.5%Nov 3 9:30 AM EST
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To: slacker711 who wrote (148168)1/16/2013 3:40:23 AM
From: JP Sullivan1 Recommendation  Read Replies (1) of 213172
 
cut in half from 65 million

That's an awfully high number. Did Apple really think it could sell 65 million iPhones in one quarter, even with CHL on board? According to Brian White of Topeka (reported on Bloomberg), Apple could have over ordered the new screens in view of poor yields at the time, and as that issue has been sorted out, it has accordingly reduced the orders. Presumably, there were several suppliers of the screen and it would have made sense to order extra from everyone in case one or two suppliers fell short.
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