Taiwan suppliers seeing no iPhone slowdown?
updated 11:10 am EDT, Thu August 2, 2007
No iPhone Supply Slowdown
Fears that Apple is cutting production on iPhones due to low demand are unfounded, according to claims from multiple part suppliers for the device. Anonymous reports from Taiwan manufacturers say that they have seen no drop in the quantities ordered for the iPhone since its June 29th launch. Shipments themselves are also on schedule, the companies claim, dismissing suggestions that Apple may be facing an oversupply of components.
While the report has yet to be verified, it contradicts unofficial remarks by a researcher from Miller Tabak & Co. who implied that Apple might have to cut iPhone shipments from 9 million to 4.5 million units and triggered an almost 7 percent drop in Apple's stock on Tuesday through investor worries. The California company partially recovered from the deficit on Wednesday.
