It seems that the rumors are beginning taking its toll on Apple. Earlier today, citing Japans's Nikkei, the Wall Street Journal reported that Apple might be cutting iPhone 5 supply orders due to low demand. And just a few hours after that, Apple's shares were beginning to decline. According to Bloomberg Businessweek, stock fell as much as 4.5 percent to $497.
“It dropped to $520.30 at the close in New York on Jan. 11 and has lost 26 percent from a September record,” it said. Apple has yet to release a statement to confirm the reports.
Ubergizmo , Apple Shares Drop Following iPhone 5 Supply Order Rumors, Apple Shares Drop Following iPhone 5 Supply Order Rumors
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