Here’s my reaction to Wall Street Journal article regarding Apple cutting down iPhone 5 order.
For some reasons I sense that Wall Street Journal is forgoing good writing in the name of page views.
Immediately I sensed the bull-pie Wall Street Journal made.
BGR’s Tero Kuittinen felt the same way and said:
In what world did Apple expect to order components for 65 million iPhone 5 handsets in the seasonally soft March quarter?
Perhaps the weirdness of the math is why the current version of the WSJ article no longer cites the 65 million unit figure. Sometime between Sunday at 8:00 p.m. EST and Monday at 7:00 a.m., the Journal decided to drop the number from its article. But if the 65 million number is not right, is the estimate for halving March orders correct, either?
John Gruber also agrees:
The reports claiming 65 million displays for next quarter make little sense; the reports that claim component orders have been “halved” but without any specific numbers can’t be verified three months from now when Apple reports its actual iPhone sales for the coming quarter. In the meantime, of course, Apple’s stock took a beating today on these reports. If you don’t smell stock manipulation here, I have a bridge to sell you.
Then I also said:
If WSJ story about iPhone 5 orders turned out to be a bull-pie, should SEC investigate them?