<p>FORTUNE -- Most Asian journalists covering Pegatron's investor conference Wednesday focused on the fact that the Taiwanese electronics manufacturer's first quarter profits were up more than 80% year over year.</p><p>The theme of Thursday's second-day headlines in the U.S. was that Pegatron is on a hiring spree, boosting its workforce 40% and anticipating that communications products would drive revenue increases in the second half of 2013 -- all of which somehow fueled speculation that the company might be building a lower-cost iPhone for Apple (AAPL).</p><p>But Bloomberg's Tim Culpan came away from Wednesday's conference with a different story, one with an anti-Apple slant that got widely picked up. (See here, here and here.)</p><p>Focusing on the fact that after growing 162% year over year in Q1 Pegatron's revenues from consumer electronics were expected to fall 25% to 30% sequentially in Q2, he set out to pin the blame on the iPad mini.</p><p><a href="http://tech.fortune.cnn.com/2013/05/09/apple-ipad-mini-pegatron-bloomberg/">Keep reading...</a></p><p>Read also:</p><p><a href="http://appleinsider.com/articles/13/05/09/pegatron-ceo-refutes-report-about-waning-demand-for-apples-ipad-mini">Pegatron CEO refutes report about waning demand for Apple&#039;s iPad mini</a> (Apple Insider)</p><p><a href="http://9to5mac.com/2013/05/09/pegatron-ceo-says-bloomberg-reporter-made-up-report-of-falling-ipad-mini-demand/">Pegatron CEO says Bloomberg reporter made up report of &#039;falling iPad mini ...</a> (9 to 5 Mac)</p><p><a href="http://bgr.com/2013/05/08/ipad-mini-manufacturer-demand-falling/">Yet another Apple supplier reports falling demand for products [updated]</a> (BGR)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dzFqd0r78O_nUDMIcZmvxtxTkgSwM&ned=us">51 additional articles.</a></p>