DigiTimes: Taiwan component suppliers NOT seeing a reduction in iPhone orders from Apple

It's looking more and more likely that Apple investors were taken for a ride on Tuesday after some idle "chatter" (supposedly heard) between Goldman Sachs traders sent the stock down almost $10 or 7% -- their biggest drop in more than two years. Specifically, Apple had supposedly cut iPhone production from 9 to 4.5 million units. Since then, the rumor has been largely dispelled through a lot of uncomfortable chair-shifting and egg-faced hemming and hawing in the pages of the financial rags. Perhaps more objectively, however, is a brief piece by the DigiTimes who, like the iPhone's manufacturer and many of its component suppliers, call Taiwan home. According to the DigiTimes then, "sources at Taiwan-based component makers have said iPhone shipments schedules are still on track as before these developments." Sure, DigiTimes may have been spectacularly wrong about the G5 iBook and Powerbook, but the accuracy of their insider information has been improving of late. Still, it's hardly the final word on a matter which likely won't get resolved until Apple's next financial call in October.

[Justin Smith @ Aug 2nd 2007 4:40AM]

Does this surprise anyone? The stock market is about as stable as an epileptic watching a lightning storm. People get spooked way too easily and here's proof.

[Totalfixation @ Aug 2nd 2007 5:07AM]

Also if apple didn't cripple the iPhone so much at launch it would probably have better sales figures to boost the orders. Whether the story is true or not, its pretty lame not to include some of the basic features of a phone from the beginning.

[LordFarkward @ Aug 2nd 2007 5:19AM]

THE basic features of a phone or YOUR basic requirements of a phone?

it's satisfying MY basic requirements of a phone pretty darn well. not lame at all.

[CF @ Aug 2nd 2007 5:53AM]

I bought a new car the other day. I arrived at work as I always do and started loading bricks into the boot. WEll, bugger me, if the thing wasn't capable of carrying more than about 200 before the suspension collapsed. I was outraged. I went back to the dealership and I said look I need a working man's vehicle this junk is more like a family saloon.

Do you understand the analogy yet Totalfixation, or are you also one of the people who spread false information in an effort to discredit Apple as a business. Strategically spreading seeds of doubt.

Lucky for you that you will not end up going to jail like the idiot(s) who manipulated the stock market *might*.


Mark my words sooner or later someone at one of these rumor sites is going to get put in jail!!. You can't just wipe a few hundred million out of shareholders illegally without some-kind of retribution.

Don't think so ? Remember Worldcom, Remember Enron...

[Argot @ Aug 2nd 2007 5:59AM]

@CF
He probably ment basic features like custom ringtones, copy/paste, removable battery. You know, basic featuers...

No need to go into a fanboy frenzy.

And may Jobs blessings be upon you..

[Totalfixation @ Aug 2nd 2007 6:19AM]

would you shut up CF? I own one, so just shut up you apple fanboy.

[Totalfixation @ Aug 2nd 2007 6:35AM]

It's crippled simple as that. God your argument (aka Stupid Analogy) is totally irrelevant. I feel just frustrated at people who take things way to serious and having to explain myself to a retard such as CF.

So let me recap. When i said Apple shouldn't have crippled it so much at the beginning. I meant by the likes that they should have had most of the stuff, "they are planning to add" in the later updates included at launch. I trust apples future with the iphone. I know they are going to add MMS, Possibly Video, recorder, Mic recorder, and many other features most commonly found in other phones. Its just simple as that CF, you get what I'm saying? oh way i said shut up. Maybe we should keep it that way. The point is its lacking stuff most people would expect in a phone, may it be what i just stated or something else. But its like one person analogy found on HOFO:

"An iPhone is like the beautiful girlfriend, she is real dirty in bed and fulfills every fantasy you have. But in the morning she has a hard time cleaning, making food, doing the common house stuff - but I have a feeling she'll learn how to do all those things in time."

haha

[felix @ Aug 2nd 2007 7:07AM]

Hey Engadget, I was just wondering if posts like these are really necessary. Sure it's somewhat related to gadgetry, but the actual gadget isn't the focus, nor is it providing anything insightful (financial speculation at best). While it's still interesting, it does nothing more than feed fanboy ego or fuel the flamewars.

Engadget is supposed to be about the -gadgets-, not the brands. Or maybe the times have just changed to the point that people -want- the brand-wars...

[caribousteaks @ Aug 2nd 2007 8:16AM]

Shady trading is what I call it. Isn't is sad how supposed "professionals" in stock market investing can make such blatantly rediculous comments that cause such chaos on the market and consequently lose many peoples' hard earned money. This case smacks as deliberate in my mind. Just to get the share price down to allow massive aquisitions by the goons at Goldmans. Well it certainly worked. But how gulible can investors be?! Any casual review of the host of Apple rumour websites could easily show ANY investor that what the morons at Goldman Sachs had to say was complete nonsense! It just proves to me not to ever use a brokerage house to do my investing but rather do it by myself using my own research. Shame on Goldman Sachs, and shame on ignorant and gulible investors for believing them. What a horse race!

[Alex Groleau @ Aug 3rd 2007 1:18AM]

You didn't "earn" anything. The stock market is a unpredictable. Some win, some lose. Wine somewhere else.

[Frankenstein Black @ Aug 2nd 2007 8:39AM]

The EF Hutton Syndrome is alive and well! So a guy in a GS t-shirt is overheard yamering about iphone production cut backs and Suckers, er investors react without researching? No shite, really? Don't you get that its a game they play, that us pleabes are not part of? and I wonder who will benefit from Apple's stock dip? Someone has to buy high and sell low for it to "work" right? The Big Dogs on Wall Street DON'T LOVE YOU HO'S, only your MONEY!

[George Bush @ Aug 2nd 2007 10:06AM]

FFS, can you please stop with the Iphone stories, it is truly pissing me and im sure others off.
You are going to post crap daily about iphone, why not every freakin phone in the world? Its a fukking phone, get over it, move along, nothing to see here.

[Rusty @ Aug 2nd 2007 3:22PM]

SUCKEEEEEEEEEERRRRRRRRRRRRSSSSSSSSSSSSSSSSS
Someone "says" something and the stock tanks 7-10%
If I was an apple investor, I'd find out who started the rumor
and have them sit in front of a windows computer and load windows 95
100 times. LOL

[esalesinc @ Aug 2nd 2007 3:35PM]

I was happy every day to read Engadget, but now I feel Apple has relations with Engadget.

[kp @ Aug 4th 2007 8:22AM]

oh my god the Apple store is down, the Apple store is down!!!!