Apple cuts orders for iPad parts

Hello iPhone fans! This time I'm bringing you this report because Apple has cut iPad parts orders by 25% for the last quarter of the year. For Hon Hai Precision Industry, the world's largest custom electronics manufacturer, this could mean a drop in sales from 17 million units in the third quarter to 13 million units in the fourth.

Despite this, internal analysts at JP Morgan say that Apple does not expect to reduce its sales projection of 10.9 million to 12 million iPad units for the third and fourth quarters.

Others simply believe that even Apple must accept the reduction in global product demand due to the crisis and the current state of the European economy. Therefore, it would be prudent for the Cupertino company to moderate production and redirect stock initially intended for affected markets—such as Europe—to countries like Australia, China, and the US.