Now Apple's Mac sales also seem to be lower than expected. We already saw reports that iPhone sales are in decline.
A new report from the Asian supply chain says that Apple has halted orders for Mac components and has not provided yet a forecast for the next quarter. Apple has possibly ordered too much and is now suffering as well from the weak PC market. Another explanation could be that Apple is readying the new generation of Macs and component orders will be adjusted and shifted.
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We already have seen supply chain reports that say that Apple has lowered orders for iPhone components. If all these reports mean anything will be revealed next week.
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The Q2 earnings call next week is going to be very interesting. Is Apple in trouble or are these reports just painting the wrong picture? Apple stock has fallen to $402 yesterday, making Apple again less valuable than Exxon Mobil.