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Apple halves iPhone 5C production orders

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Apple iPhone 5C may not be selling all that well after all as new reports from Cupertino’s supply chain indicate that the company has reduced iPhone 5C orders by half following weak demand.

 

According to CTechCN, which is known for its accurate leaks, Apple has halved the production orders to 150,000 units per day from 300,000 units. The site doesn’t cite any particular reason for the reduction in order quantities, but it should be pretty obvious. Apple designed iPhone 5C to specifically cater to the budget-conscious markets like China, but somewhere along the way the pricing of iPhone 5C caught up with its premium counterpart – iPhone 5S. The price difference between the 5C and 5S isn’t attractive and a launch price of $725 in China was comparatively way higher than prices of local smartphones. Further the not-so-appealing price tag has led to a decline in iPhone 5C gray market pricing and is available for mere $500...Read more on techienews

 

Last modified on Wednesday, 23 October 2013 14:22

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