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​Since it was released, the iPhone 5 reported important sales that always seem to be on the rise. However, that trend might not continue in the near future, at least according to Jefferies analyst Peter Misek.
Misek wrote in the most recent note to investors that he expects Apple to axe down its iPhone orders for the remaining months of 2013. He also claims Apple already applied its new market strategy and the modifications have been made. But what exactly happened, that the tech giant had to take up this measure?
Misek brings evidence from vendors located in the United Kingdom. The data has been gathered from Orange, Vodafone and EE retails stor​​es in Britain which have an unusually high number of iPhone devices left on the inventory. The same goes for the Samsung Galaxy 3.
Based on these observations, Misek believes Apple is revising its orders to suppliers for the Q3 of 2013, cutting them down from 30 million to 25 million, while in Q4 it has requested 50 to 55 million, as opposed to 60 to 65 million.
Suppliers are also receiving the same signals from Apple; like the Jabil company, which is in the assembly lines for the iPhone 5.
In the same note, Misek has also revised his prediction of how many iPhones Apple will end up selling in the remaining quarters of 2013. He no longer believes the numbers will rise to 30 million for Q3 and 50 million in Q4, but just to 27 million and 45 million respectively.
Source: Cnet
