It looks like Apple's latest iPhone isn't doing very well. According to Business Insider, the Cupertino-based company is cutting orders for iPhone parts. This is mostly due to the weaker-than-expected demand of the iPhone 5, according to a report by the Wall Street Journal.

According to the report, orders for screens for the January-March quarter have dropped to half of what the company had previously planned to order. It has also cut orders for parts other than screens.

While demand elsewhere isn't very high, India seems to be an example to the contrary. According to an earlier report, demand for the iPhone 5 has been high and stocks of the device have been fast depleting.

Top end model to be sold for Rs 59,500

Demand for the iPhone 5 seems to be waning

To verify this further, we had contacted a number of official Apple resellers such as Imagine, Reliance iStore and Maple and they all stated that at the time, the handset was, in fact, not in stock and the minimum waiting period for it was around 10 to 15 days.

We then contacted Apple India and they told us that multiple batches of iPhones had entered the market and they would continue to supply phones to resellers on a timely basis. They denied that the smartphone was not in stock.

The Apple iPhone 5, which was launched on November 2, was sold out at official reseller stores on day one. It was reported that those interested in purchasing the handset would have to wait for three to five weeks for the second shipment to arrive.

Apple has teamed up with a couple of distribution channels, namely Redington and Ingram Micro to sell the iPhone 5 in India. Redington revealed the prices of the handset – the base model (16GB) is priced at Rs 45,500, the 32GB version will be available for Rs 52,500, and the 64GB model for Rs 59,500. These prices are more or less on par with the iPhone 4S from the previous generation, when it was first launched in India.

Here is a quick look at some of the highlighted features of the iPhone 5:

  • 4-inch, 326ppi Retina display at 1136 x 640 pixels,
  • GPS
  • Bluetooth
  • 8-megapixel camera with 1080p HD recording, 720p front-facing camera
  • 16GB, 32GB, and 64GB versions

You can check out our review of the iPhone 5 here.

Tags: , , , , , , , , , , , , , , ,