Apple Can’t Respond to Rumors of iPhone 5 Cuts Even if It Wanted To

Jim Dalrymple:

I’ve been asked a lot today why Apple hasn’t responded to the Wall Street Journal article saying that there have been massive cuts to iPhone 5 orders. The simple fact is, they can’t.

SEC rules prohibit Apple from talking publicly about the company. This is known as a quiet period and all publicly traded companies must adhere to these rules.

★ Monday, 14 January 2013