IPhone 5 sales: Disappointing results lead Apple to parts cuts and stock decline.

Apple Slashes Orders After Weak iPhone 5 Demand

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Jan. 14 2013 3:34 PM

Apple Slashes Orders After Weak iPhone 5 Demand

In the latest sign of its declining position in the mobile marketplace, Apple is reportedly slashing orders for iPhone 5 parts because of weaker-than-expected sales.

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