All items tagged with "Petragon"

“Falling” iPad mini Demand In Apple’s Supply Chain? Blame Bloomberg

China buying iPad mini

This morning we covered a report from Reuters that said Pegatron, one of Apple’s supply chain partners in China, is increasing its work force by 40% in anticipation of producing a budget iPhone in the coming months. The news was based on Pegatron’s investors conference yesterday and anonymous supply chain sources adding the iPhone ‘mini’ bit to Reuters.

Bloomberg decided to slant Pegatron’s comments and cite “falling iPad mini demand” as the reason for the company’s forecasted 25%-30% drop in revenue during the second 2013 quarter. Never mind the fact that the drop was expected for the entire consumer electronics division of Pegatron; it’s still the iPad’s mini fault.

Mainstream publications love to take hits at Apple whenever they can, but this specific instance has turned out to be an example of Bloomberg putting words in Pegatron’s mouth.

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