Apple Cuts Orders for Cheaper iPhone: WSJ

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Oct. 16 (Bloomberg) -- Stephanie Ruhle reports on today's top tech news on Bloomberg Television's "Market Makers." (Source: Bloomberg)

? live from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle.

Welcome back, i am stephanie ruhle.

Apple is cutting fourth-quarter orders for the new cheaper iphone 5. the journal says production at assemblers in taiwan will be cut from a fourth to a third.

Apple is not commenting.

It went on sale in the u.s. last month to get the price, $99 with a service contract.

Aly baba might be on track to have a higher valuation.

Before that earnings report, this is up to 100 $20 billion.

That is than facebook was valued.

Sheryl sandberg meets today with a commissioner over privacy issues.

They have complained to the agency about new changes in facebook.

Twitter, just weeks away from going public has decided where to list its shares.

Twitter is going to the new york

This text has been automatically generated. It may not be 100% accurate.

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