Reuters Agrees: The Next iPhone Will Be Larger

There's a report out of Asia tonight that Apple is working on three new iPhone models, two of which will be out by June.

We saw new post-crisis highs in the Dow and S&P.  Apple, on the other hand, plummeted. First the scoreboard:

At the end of January, 9to5Mac writer Mark Gurman reported Apple was unexpectedly going to release a new version of the iPad.

Big report today from Taiwanese paper DigiTimes on Apple's plans for the iPhone.

Apple closed at $500.00 on the nose yesterday. An eerie close to an odd week for Apple. It all started Sunday night when the Wall Street Journal and Nikkei simultaneously reported Apple cut its March quarter order for iPhone screens in half.

Late Sunday night, the Wall Street Journal reported that Apple is cutting iPhone parts orders in half due to weaker than expected demand.

By Ed Liston: Technology giant Apple Inc. (NASDAQ: AAPL) has had an excellent run over the last years amid strong demand for its products. However, in the last few months there has been rising concern over increasing competition, especially in the smartphone market.

Richard Hyde submits: This week Apple (AAPL) had the type of week most companies would kill for. Not one, not two but five analyst target price upgrades and/or highly favorable coverage initiations for the week. On Monday, 13 December AppleInsider reported that Goldman Sachs analyst Bill Shope resumed GS coverage with a 12 month target of $430 based on his belief of significant growth ahead.