Apple’s global inventories have been building as the compay misjudged demand.
“Taiwan-based component suppliers are bracing for a drop in orders this quarter as demand for Apple’s iPhones weakens, with Q1 shipments forecast to fall 12-20 per cent year-on-year to 50-54 million units. Analysts expect orders for iPhone components to decline 10-30 per cent this quarter, DigiTimes reported.”
