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Apple's supply chain pain

Brian Fuller

3/14/2013 1:52 PM EDT

What's wrong with Apple?

In recent days, the consumer electronics giant has been staggered on several fronts:

  • Citigroup cut its outlook for Apple stock (Nasdaq: AAPL), citing reduced sales for the iPad and iPhone models, chatter its analysts heard from the supply chain.

  • Digitimes, which sometimes shoots first and asks questions later, reports that "Apple is currently adjusting shipment estimates for its iPad and iPad mini products in 2013 to 33 million and 55 million, respectively, according to industry sources."
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