Apple orders more iPhone 5 Chips as Demand is Higher than Expected
Apple sold 5 million iPhone 5 on the first weekend. The number was lower than what analysts expected, sending the Apple stock down to currently $663. It was over $700 before the iPhone 5 sales announcement. There are some explanations around that say that Apple has many more orders, but could not fill them. Digitimes reports today that Apple ordered chips from Asian suppliers to make 20 million iPhone 5 units in the 3rd and another 20 million in the 4th quarter.
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