Apple iPad 2 order cuts in Q4 reportedly confirmed

Claims that surfaced on Monday suggesting Apple had cut iPad 2 orders for the fourth quarter have reportedly been confirmed.�JP Morgan analysts Mark Moskowitz and�Gokul Hariharan wrote in a note to investors on Monday that Apple had reduced its fourth-quarter iPad 2 orders from 17 million to 13 million units, suggesting that demand for Apple’s market-leading iPad might finally be waning. Some speculated that a portion of iPad�production may have moved to Foxconn’s new factory in Brazil�while others suggested that the report was not accurate, and JP Morgan’s Moskowitz�would later issue a second note backtracking on the firm’s earlier statements. But should he have been so quick to fold? Read on for more. Goldman Sachs analysts�Liang-chun Lin and�Bill Shope�each claim

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