Apple Inc. (NASDAQ:AAPL) Cutting iPad Orders
Posted on September 26, 2011 at 09:33 AM EDT
Apple Inc. (NASDAQ:AAPL) has cut supply chain orders for its iPad tablet computer. Apple Inc. (NASDAQ:AAPL) Cutting iPad Orders According to a report by JPMorgan Chase & Co., the US based technology giant Apple Inc. (NASDAQ:AAPL) has lowered its fourth-quarter iPad tablet orders to vendors by 25 percent. Analysts at JPMorgan’s electronic manufacturing services team [...]

Apple Inc. (NASDAQ:AAPL) has cut supply chain orders for its iPad tablet computer.

Apple Inc. (NASDAQ:AAPL) Cutting iPad Orders

According to a report by JPMorgan Chase & Co., the US based technology giant Apple Inc. (NASDAQ:AAPL) has lowered its fourth-quarter iPad tablet orders to vendors by 25 percent.

Analysts at JPMorgan’s electronic manufacturing services team in Hong Kong said that this is first such cut they have ever seen.

Apple Inc. (NASDAQ:AAPL), however, has not commented on the report yet.

Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 404.3.

Apple Inc. (NASDAQ:AAPL) Cutting iPad Orders
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Last Price: 404.3
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50 Day Moving Average: 383.93
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12 Month Price Change %: 39.9%

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