New supply chain report says that handset makers are scaling back component orders for Q4 because of possible economic downturn.
With the stock markets going crazy these days it is hard to say if the economy is going to up or down. A new report at Digitimes suggests that some handset makers including Apple are preparing for an economic cool down at the end of the year. Apple and HTC are said to have scaled down their smartphone chipset orders from Taiwan-based makers.
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This report actually contradicts another Digitimes report from a couple days ago that said that Apple increased all iPhone (iPhone 4 and iPhone 5) orders for the second half of 2011 by over 12%.
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Here is my take. Apple does not have to worry about the economy for iPhone sales. The little money consumers have for gadgets is going all into smartphones before anything else. With the release of the iPhone 5 coming up, the global state of the economy will not matter and it will sell out no matter what. Other Apple products are more depended on the global economy, but not the iPhone.