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Technology Stocks : Apple Inc.

AAPL 270.25

-0.4%

Oct 31 3:59 PM EST

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From: Moonray	1/16/2013 8:41:42 AM
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CHART OF THE DAY: Surprise! iPhone Demand Is Fine The story that's terrorized Apple's stock for the past month is iPhone demand is weak. Apple reportedly cut orders with suppliers in Asia for iPhone screens and other components. While there are many theories about why Apple cut its order, the most popular seems to be that iPhone demand is weak. And yet, something about it doesn't make sense. Analysts have quietly raised holiday quarter iPhone estimates. Why do that if demand is tanking? Shaw Wu of Sterne Agee said today that demand is "robust." Read more: businessinsider.com o~~~ O

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