Report: Apple cutting orders for iPhone 5 parts

Published on NewsOK Modified: January 14, 2013 at 7:18 am •  Published: January 14, 2013
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Android devices accounted for 75 percent of smartphone shipments during the three months ending in September, up from 58 percent at the same time in 2011, according to the research firm IDC. The iPhone's share stood at 15 percent in September, up from 14 percent in the previous year.

Google says more than 500 million Android devices have been activated since the software's release four years ago. By comparison, Apple had sold about 271 million iPhones through last September.

Last week, the Journal reported that Apple is trying to decide whether it makes sense to offer a cheaper iPhone as it tries to boost sales in less-affluent countries and reclaim some of its lost market share.

Apple Inc. shares dropped $17.45, or 3.4 percent, to $502.85 in premarket trading Monday.



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