Two of Apple's key products on the market right now, the iPhone 5 and the iPad mini are expected to have a 25-30% drop in the second quarter according to Bloomberg Report. 

If this comes to pass for Apple, it will be their biggest drop in consumer-electronics revenue in six quarters as the demand for the iPad Mini falls. 

A decline in revenue from the iPad Mini "is more on demand, while price has been stable," Pegatron Chief Executive Officer Jason Cheng said. "Not just tablets, also e-books and games consoles, almost every item is moving in a negative direction."

While it is easy to point a finger at Apple and say that this is a bad sign, it is clear to Apple consumers that many new products are right around the corner including the iPhone 5S, the iPad 5 and the iPad Mini 2. So of course sales will start to decline on the current products because people are waiting to buy the newest version when it comes out.  

However, with that said, no company likes to see the biggest percentage drops that they have in several quarters, so this will put that much more pressure on Apple to do extra promotion on its current products and hope for big releases of the new iPhone 5s, iPad 5 and iPad Mini 2 to help all of their manufacturers and distributors rest easy that they are still working along side the most powerful company in the world.  

Pegatron Corp. is the Taipei-based maker of the Apple devices and the iPad mini accounts for about 50% of their revenue.

The world's largest maker of electronics products, Hon Hai, including the iPhone 5 and iPad, reported a 19% revenue drop in first-quarter last month.

This was there biggest drop in the last 13 years. They will report first-quarter net income by May 15.   

Apple's WWDC conference is in a few weeks and is expected to be showing off the new iOS 7 operating system.