The big buzz is a rumor that Apple (NASDAQ:AAPL) has substantially reduced orders to iPhone 5 suppliers. By some estimates orders have been cut back by as much as 50%. First this isn't new news -- there were stories about order reductions in the market in early December. Second I doubt orders have been reduced by 50%. Third I don't think the reductions are fully attributable (or even mostly attributable) to a lack of market demand for the iPhone 5. Fourth where are the stories about the surge in iPhone 4S demand? As you might recall shortly after the ...