Bloomberg journalist Tim Culpan yesterday quoted Pegatron CEO Jason Cheng as saying that iPad mini revenues had dropped and were “more on demand, while the price has been stable”. His comments were reported by a number of publications, including TabTimes.
One day on from the report and Cheng has come out to accuse Culpan of twisting his words.
“We held our Institutional Investors Conference yesterday, and gave out a guidance of our 2Q13 business outlook,” said Cheng in an email to Fortune.
“The category of Consumer Electronic Product includes game consoles, LCD TV, ePaper readers, tablet products, and some others. We put all tablet products in this category, but have never broken down to detail numbers for specific products nor customers.
“After the meeting, one reporter from Bloomberg approached me, trying to dig out detail numbers about some specific product. I clearly refused to comment on specific products, nor customers, even though he continued with other questions. I did say those words that he quotes me in the article. But I did not say anything associated with any specific products.
"No indication, nor hint for specific products or customers' has been our principle and guideline for any public events such as investors conference. There are always speculations after these meetings.
Apple is expected to launch a cheaper new iPad mini in Q3 of this year, but is reported to have delayed the Retina Display model.