Apple ‘cuts order for iPhone5 parts’ after weak sales but Samsung powers on after selling 100m Galaxy S devices
Tech giant has seen share price tumble by a quarter since September when iPhone5 debuted
Monday 14 January 2013
Apple has slashed orders for the screens used on its iPhone5 because of weak sales while arch-rival Samsung has sold its 100 millionth Galaxy S device, in a sign of changing fortunes in the mobile market.
The iPhone maker has almost halved its order of liquid-crystal display panels from key suppliers, according to the Japanese newspaper the Nikkei.
Apple has told three suppliers, Japan Display, Sharp and LG Display, that it requires fewer screens, after previously requesting as many as 65 million units for the January to March quarter. Japan Display’s plant in Nomi, a key iPhone supplier, is expected to reduce output temporarily by between 70% and 80%, compared with the October to December period.
The iPhone5 is longer and lighter than previous models, but consumers have been underwhelmed and there have been glitches, notably the flawed maps function.
Apple has dominated the smartphone market with iPhone since its launch in 2007, but Samsung has caught up in recent years, following the launch of the Galaxy S series in May 2010. Last year, the latest model, the Galaxy S III, helped the South Korean firm to leapfrog its US rival to become the world’s top-selling smartphone manufacturer.
Sales of Samsung’s Galaxy S series have reached 100 million in under three years — faster than Apple’s iPhone, which took nearly four years.
Apple’s share price has tumbled by a quarter since September when iPhone5 debuted. In contrast, Samsung’s shares powered to a new record last week.
Both companies are benefiting from the mobile boom as consumers prefer smartphones and tablets to the traditional desktop or personal computer. Research firm Gartner reported today that global sales of PCs slumped 5% in the last three months, to 90.3 million. Gartner said the launch of “compelling low-cost tablets” — such as the Google Nexus and Amazon Kindle Fire — was helping to drive the shift from PC to tablet.
- 1 Katie Hopkins gives rare glimpse of sensitive side with heartfelt open letter to her children penned in case she dies from epilepsy
- 2 Rihanna's Met Gala dress took one Chinese woman 2 years to make, was reduced to omelette meme in 2 seconds
- 3 Top Gear: Jodie Kidd, Philip Glenister and Guy Martin 'in advanced talks' to replace Jeremy Clarkson and co
- 4 #JeSuisEd: People share photos of themselves eating awkwardly in solidarity with Labour leader
- 5 Women think Irish men are the sexiest, survey finds
Italian police 'reveal' what Jesus looked like as a young boy
Mysterious 'X-Files' sounds heard miles above the Earth
Florida couple forced to register as sex offenders for having sex on public beach
Who should I vote for in the general election? Take The Independent's interactive quiz to find out which party is the right choice for you
General election: Conservatives mocked online over Boris Johnson's claim of SNP 'jockalypse'
In defence of liberal democracy
General Election 2015: Post-election 'shambles' looms as 70 per cent of voters say SNP 'should not be able to veto UK government policies'
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
iJobs Money & Business
£60000 - £70000 per annum + benefits : Ashdown Group: A highly successful, glo...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
£27 - 35k + Bonus + Benefits: Guru Careers: A Management Accountant is needed ...
£40-50k + Benefits.: Guru Careers: A Project Manager / Business Analyst is nee...