Apple IPhone 5 order cut not a worry...

Worries over a decrease in iPhone 5 orders from Apple have been overblown, according to J.P. Morgan analyst Mark Moskowitz.

In an investors note out today, Moskowitz points out that recent reports have indicated a 20 percent cut in Apple's March-quarter supply chain orders for the iPhone 5. That news has some analysts fretting over Apple's near-term prospects, but Moskowitz believes it's much ado about nothing.

Though the analyst can't confirm the specific reason for the cut, he believes it could simply be the result of an improvement in production. Apple may have initially pushed its suppliers to ramp up manufacturing of the new phone, and the downshift in orders may be just an aftereffect.