FORTUNE -- Apple's (AAPL) battered shares took another hit Wednesday -- down $8.84, nearly 2%, for the day -- after the Financial Times attributed a hiring freeze at the Foxconn factories that assemble many of Apple's products to a slowdown in iPhone 5 production.
The stock didn't recover, even after a Foxconn spokesman flatly denied that the freeze had anything to do with the iPhone 5.
Several alternative explanations were quickly put forward:
What's interesting about that last explanation is that it puts the blame squarely back on Apple.
Historically, according to Daryanani, 20%-30% of Chinese workers don't bother to come back after the holidays to factory jobs where the pay is low and working conditions harsh. This year, according to his sources, return rates may have been closer to 90%.
Could that have anything to do with the fact that Foxconn, pressured by Apple and local workers rights groups, has more than doubled wages and cut overtime hours?
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