Morgan Stanley Tech notes this morning indicates more production cuts likely in higher margined Apple products. $AAPL— Douglas Kass (@DougKass) March 7, 2013This rumor comes after several analysts have cut earnings estimates for both the iPhone and iPad. Last week, Credit Suisse cut its estimates on iPhone concerns, while Barclays Capital and Citi took down estimates on both products for various reasons. After starting the day in negative territory, shares of Apple recently were up 0.9% to $429.50. Apple has not yet responded to TheStreet's request for comment on this story. -- Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_Bull
Apple Cuts iPad Orders: Rumor
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