As we reported earlier today, news broke on Sunday that Apple has apparently reduced its orders for key iPhone 5 components by half. The decision was supposedly made based on weak demand for the phone, but as we pointed out, the move could very well be part of Apple's plan to move to a six-month release schedule for new iOS devices. Nevertheless, the report spooked investors, prompting them to sell off Apple stock and cause its price to briefly dip below $500 today, according to AllThingsD. The stock closed today at $501.77; it closed at $520.30 on Friday, January 11.
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