Apple cuts orders of iPhone 5C as consumers prefer 5S

By Clare Jim and Paul Carsten TAIPEI/BEIJING (Reuters) – Apple Inc is cutting production orders for its plastic-backed iPhone 5C a month after launch, a source familiar with its supply chain said on Wednesday, fueling speculation the cheaper model of its main gadget may have been priced too high. Apple has asked one of its largest suppliers to increase production of the top-tier 5S, which went on sale at the same time, the Wall Street Journal reported. said. Analyst said this allayed concerns that the cheaper 5C will eat into premium sales and erode margins. …

Quoted from Apple cuts orders of iPhone 5C as consumers prefer 5S on Gadgets News Headlines – Yahoo! News

Apple is slashing planned production of the iPhone X for the three-month period ending March 31 in a sign of weaker-than-expected demand for the pricey handset. Apple Inc. has drastically scaled back its automotive ambitions, leading to hundreds of job cuts and a new direction that, for now, no longer includes building its own car, according to people Store is a chain retail stores owned and operated by Inc. The stores sell Mac personal puters, smartphones, iPad tablet puters, iPod portable media players, Watch smartwatches, TV digital Tags: apple, store, wikipedia, Apple is slowing down production is cutting for the X from its factories in China, according to an analyst note from Credit Suisse and a DigiTimes report, both published Wednesday. Shop Best Buy for iPads, including the new iPad and popular models like the iPad Mini, iPad Air, and iPad with Retina Display. Shop for iPad accessories too!

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