Tim Cook explains the situation on Apple's supply chain
Tim Cook commented on the recent rumors that Apple may reduce the supply of iPhone 5 because of weak demand. It should be paid special attention to the significant changes in the prices of Apple's shares.
Tim Cook is not focused on any particular rumor, but warned against attempts to interpret the data points, even if they happened to be exact.
Months of rumors about order cuts and so forth, so let me take a moment to comment on these. No comment on any particular rumor.
"I suggest its good to question the accuracy of any kind of rumor about build plans. Even if a particular data point were factual, it would be impossible to interpret that data point as to what it meant to our business. The supply chain is very complex and we have multiple sources for things. Yields can vary, supplier performance can vary. There is an inordinate long list of things that can make any single data point not a great proxy for what is going on."
Cook made the comments during the Conference on results for Q1.