Japan supplier shares fall after Apple unveils lower-cost phone

People check out several versions of the new iPhone 5C after Apple Inc's media event in CupertinoTOKYO (Reuters) – Shares of Apple Inc's component suppliers in Japan fell on Wednesday on concerns that its lower-cost iPhone is still too expensive for its target audience in emerging markets and could crimp their margins. “In terms of components, it's all a volume game with low margins. It's not a huge positive for component makers,” a senior dealer at a foreign bank in Tokyo said. Among the Japanese component makers, Taiyo Yuden Co Ltd, Murata Manufacturing Co Ltd and Ibiden Co Ltd were down between 1.4 and 2.9 percent. …

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Japan supplier shares fall after Apple unveils lower-cost phone

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