Tim Culpan, Columnist

Reading the iPhone Tea Leaves

Component orders may point to lackluster demand in the first quarter.
Photographer: ELIJAH NOUVELAGE/Getty Images
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Hon Hai Precision Industry Co. caused quite the stir late Wednesday when it reported December salesBloomberg Terminal.

Not only did the iPhone assembler post 50.2 percent year-on-year growth for the month, it took the unusual step of commenting on operations, saying its