Apple’s shares took a hit of as much as 3% yesterday after a JP Morgan Chase analyst announced that Apple was reducing orders of parts for its iPad by as much as 25%.
This is an interesting move, especially as we’re about to begin the traditionally busy lead up to Christmas.
I don’t want to say “I told you so”, but I did write here, here and here that the iPad will fail.
Give me a break. Apple could stop making the iPad today and it would go down in history as a huge success that made them billions.
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