The newspaper said two people it did not identify by name told it that Apple's first-quarter orders for iPhone 5 screens have dropped to about half of what the company had planned.
The report said one of the people told the newspaper that the U.S.-based company has also cut orders for other components. The Journal said it was told Apple notified the suppliers of the order cut last month.
Apple didn't immediately return an email seeking comment before business hours Monday.
The move is a sign that sales of the new iPhone haven't been as strong as previously expected and demand may be waning. It comes as the company has been facing increased competition from Samsung Electronics Co. and other makers of smartphones that run Google Inc.'s Android operating system.
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