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3XSQ: Apple cuts iPad parts orders - sources

Friday, January 18, 2013 - 03:19

Jan. 18 - Sharp has nearly halted production of screens for the full-sized iPad as demand shifts to the new iPad mini, according to two sources.

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Ahead this apple have an -- problems and it's not fossil all right -- time. We'll tell you actually is later in the show. What is different times where this Friday from Reuters world headquarters in New York. Able exclusive. Shark has nearly halt production -- screens for the full sized iPad as demand shifts to the new iPad mini. That according to two sources visit the production line and central Japan plant has fallen to the minimum level to keep a line running this month. Apple did not have an immediate -- the sources didn't say how much of the slowdown due to seasonal changes in demand. Or changing consumer preferences. Earlier this week Apple Stock now -- reports indicated cut orders for parts that I found five. Apple traded below 500 dollars in the premarket and is now still just below 500 bucks. From order cuts to order backlog and our power player of today. It's GE CEO Jeff Immelt his push into the energy sector paying off. Strong earnings growth that the units that make jet engines and oil and gas equipment company to a profit that rose more than anticipated. In order backlog hitting a record high 210. Billion dollars. The Dow component trading near its 52 week high of 2318. Hit in October. James Gorman also leading his company to strong results Morgan Stanley reporting a surge in equity trading and strong margins in its wealth management business. -- saying the firm is now poised to reach the return of which is well on behalf and that shareholders. The stock closed near its 52 week high at 2119 Thursday and is now to take about. It doesn't get richer then is it our -- up to yesterday chocolate couture fashion show. Shanghai continues to go cuckoo for cocoa if they display at an incredible animal talk asks top that Hershey. As part of the World -- wonderland festival. Visitors -- also melted over a giant chocolate sublime. Signal that an ace me suing eight Eiffel Tower and it is. Although -- chocolate has only recently enjoyed it majors surged in popularity in China. It's arguably the most received that western delicacies. -- -- it is. Well with Richard and chocolate but check this out. A gold prospector and Australia found this -- in this city of Barack Victoria state. With the help of high tech metal detector. The Golden Nugget weighs in at a whopping twelve pounds and -- to be worth 300000. US dollars. The -- wants to remain anonymous understandably but his -- is said to be very very happy. That is the latest -- times where -- this Friday you can follow us on Twitter at Reuters Insider check out as YouTube channel at Clinton's dot com. Slash TV. I'm Lisa Bernhard this is.

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3XSQ: Apple cuts iPad parts orders - sources

Friday, January 18, 2013 - 03:19

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