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Apple Can Not Respond To The WSJ iPhone 5 Component Cuts Report

Apple Can Not Respond To The WSJ iPhone 5 Component Cuts Report

Yesterday we reported on the Wall Street Journals report that Apple has cut the orders for iPhone 5 components due to less than expected demand and this obviously did not go down well on the stock market for AAPL as they dipped below $500 today.

Most people are asking why Apple did not come out and speak about the report and clear up were the WSJ left off. Well that is because they can’t according to the SEC ruling which prohibits Apple from talking about the company status. All trading companies has to comply with this rule known as the quite period.

So do not expect any press releases or response from Apple regarding this report but if you want to find out if demand has really dropped of then Apple is having their Q1 2013 Earnings call next Wednesday (January 23, 2013)

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