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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: aaplAnnie who wrote (186542)12/18/2015 8:45:03 AM
From: langosta2 Recommendations

Recommended By
david1951
Stock Puppy

  Read Replies (1) | Respond to of 213185
 
Yes, Annie, the supply chain rumor mill is unlikely to stop. Here's an "oldie but goodie." It's from January 2013:

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cultofmac.com

Apple’s Tim Cook Calls Out iPhone Order Cut Rumors For What They Are: Nonsense

By Alex Heath • 2:40 pm, January 23, 2013

"I know there have been rumors about order cuts..." - Tim Cook
During Apple’s Q1 2013 earnings call, CEO Tim Cook addressed recent reports regarding iPhone order supply cuts overseas. Publications like The Wall Street Journal recently claimed that Apple has significantly slowed iPhone production, causing rampant speculation that demand has been weakening. Apple’s stock has slid since the rumors started picking up steam earlier this month.

Today Cook threw cold water on the idea of Apple cutting its own orders. “It’s good to question the accuracy about any rumor regarding build plans.” Cook said that it would not work to use these order cut “data points” to try to interpret what is happening inside Apple. This is mainly because the supply chain is so complex, and Apple deals with multiple providers that face different constraints. “There’s an inordinate list of things that would make any single data point not a great proxy for what’s going on,” said Cook.

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The rumor mill never changes its script!