Apple and Their Stupid Parts Makers Drop on Heinous Rumor

Nostradamus once said “there will be rumors and rumors of rumors”. This is straight up horseshit, however. And if it’s not, we are all in for a world of wanton pain.

TOKYO — Apple is expected to reduce output of the iPhone 6s and 6s Plus by around 30% in the January-March quarter compared with its original plans, a measure that will deal a blow to Japanese and South Korean parts suppliers.

The U.S. company had initially told parts makers to keep production for the quarter at the same level as with the iPhone 6 and 6 Plus a year earlier. But inventories of the two models launched last September have piled up at retailers in markets ranging from China and Japan to Europe and the U.S. amid lackluster sales. Customers saw little improvement in performance over the previous generation, while dollar appreciation led to sharp price hikes in emerging markets.

Output will be scaled back to let dealers go through their current stock. Production is expected to return to normal in the April-June quarter, once inventory adjustment is complete. Apple’s products and brand have not lost their appeal, and older models have continued to sell.

It’s from some Japanese website, dubbed NIKKEI. How original. They’re casting mad aspersions like some WW2 Japanese soldier holed up on some island, still waiting to kill Americans.

I don’t believe it, to be truthful. A 30% reduction would mean Tim Cook would have to become straight again and start dating women. You and I both know that’s never going to happen.

Shares of SWKS, AVGO, CRUS and INVN are getting rocked on this rumor.