Home Breadcrumb caret Industry News Breadcrumb caret Industry Breadcrumb caret Practice Breadcrumb caret Technology Smartphone users are hanging up on Apple Apple may soon be scaling down orders for iPhone 5 parts as evidence mounts that the competition is fast catching up. The move, thought to be prompted by a lukewarm consumer demand, is further proof that Asian rivals have considerably weakened Apple’s grip on the smartphones market, says a Reuters.com report. Sales of the new […] By Staff | January 14, 2013 | Last updated on January 14, 2013 1 min read Apple may soon be scaling down orders for iPhone 5 parts as evidence mounts that the competition is fast catching up. The move, thought to be prompted by a lukewarm consumer demand, is further proof that Asian rivals have considerably weakened Apple’s grip on the smartphones market, says a Reuters.com report. Sales of the new iPhone 5 have not been as strong as expected. Disappointed that the new smartphone was only an incremental improvement over the previous version, many Apple fans decided to switch to Android-based offerings. Also read: Samsung expects record Q4 earnings Android sn-app-ing at Apple’s heels Apple analysts growing bearish Devices bridge gap between smartphone and tablet Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo