Reports Say Apple Loosing Demand For iPhone 5

Apple’s iPhone might be loosing its coolness to Android opponents like Samsung Galaxy S III? The Wall Street Journal (WSJ) has reported that Apple is loosing demand for iPhone 5. The result is slashed orders for iPhone 5 display units.


iPhone 5

While the pre-order units of iPhone 5 sold out within an hour, people firmly believed that Apple would do a great business with this new iteration. The trend continued in China too, as more than 1,00,000 iPhone 5 pre-orders were received in the first 24 hours. As the initial phase passed, iPhone 5 seems to lose its coolness to Android smartphones, especially Samsung Galaxy S III. The result is a lower than expected demand. Recently, the Wall Street Journal reported, Apple has already cut component orders for its iPhone 5 because of “weaker-than-expected-demand.”

Reuters also reported that Apple was supposed to place order for 65 million units display for its iPhone 5 in the first quarter of 2013, but due to “weaker-than-expected-demand” Apple will place 70-80 percent less order for its iPhone 5 display compared to last quarter of 2012.

We are speculating that another reason might have added to the cut-down in display order – an iPhone 5S might be on its way.

Source: WSJ, Reuters

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Anatol

Anatol Rahman is the Editor at TheTechJournal. He loves complicated machineries, and crazy about robot and space. He likes cycling. Before joining TheTechJournal team, he worked in the telemarketing industry. You can catch him on Google+.

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