Apple shares take a beating amidst reduced iPhone 5 order rumors

Reports suggesting that Apple has reduced its orders for the iPhone 5 display panel by half have resulted in a 3.5% fall in the shares of the Cupertino based company. Speculation is ripe that Apple has reduced the iPhone screen orders as demand seems to have fallen for them in the wake of intense competition, namely from…

Weak demand forces Apple to cut iPhone screen orders, according to reports.

All’s not well for Apple, it seems. According to the Wall Street Journal, Apple has cut its orders last month for iPhone5 screens for the first quarter of the 2013 calendar year by roughly half its original target,  a possible sign that demand for the Smartphone is not quite as strong as Apple expected. It has also reportedly trimmed…