An article on AppleInsider notes that Broadcom (NASDAQ: BRCM) is giving Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) last minute orders, whih some analysts believe could be parts for the iPhone 5.
Considering the drop in new export orders in June to 47.5 from 50.4 and 52.2, Chang now thinks that domestic orders likely improved last month, suggesting more demand from consumers and therefore local corporates tied to the domestic economy.
Apple said initial sales of the iPhone 5, which began last Friday, topped two million units within the first day it began taking pre-orders setting a new company record, despite some initial disappointment that the device didn't offer more technical surprises.