7 Companies Poisoned by Apple's Stock Slump

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The iPhone 5 was the top-selling smartphone during Q4 2012 with 27.4 units, but as we roll further into 2013 the shine has definitely worn off. How do we know? Ask Apple's component suppliers, which are blaming weaker iPhone demand for their lackluster revenue forecasts. In fact, Reuters reports that the company has earned the nickname “Poison Apple” among its supply chain partners. It also doesn't help matters that Apple's stock price has fallen below $400 for the first time since 2011.

Here are seven big-name component suppliers that are feeling the pain from Apple’s slump. 

Author Bio
Lisa Eadicicco
Lisa Eadicicco, LAPTOP Staff Writer
Lisa has been reporting on all things mobile for Laptopmag.com since early 2013. When she’s not reviewing gadgets, she’s usually browsing patent databases or interviewing experts to track down the hottest tech trends before they even happen. Lisa holds a B.A. in Journalism from SUNY Purchase and has contributed to The International Business Times, The New York Daily News and Guitar World Magazine.
Lisa Eadicicco, LAPTOP Staff Writer on
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1 comment
  • Ahat Monir Says:

    Apple is probably on the way to the land of "Past" and "History". The problem is that this company is hurting other companies. I am very curious if Apple will survive more than 5 years. Probably not.

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