Supply Chain Sources Say Apple Has Cut Orders for iPhone 5C for Q4

Posted: Oct 16 2013, 10:25am CDT | by , in News | Apple

 

Supply Chain Sources Say Apple Has Cut Orders for iPhone 5C for Q4
Buy iPhone 5C from Amazon Cyber Monday and Black Friday Now
 

Order cuts will impact profits for manufacturers

Sources within the Apple supply chain have announced that Apple has been informing iPhone 5C manufacturers that it intends to cut orders of the cheaper smartphone for Q4 of 2013. The iPhone 5C sells for about $100 less than the high-end iPhone 5S. Both the iPhone 5C and the iPhone 5S were unveiled last month.

The iPhone 5C was Apple's attempt to go after the lower end smartphone market, but the price difference between it and the high-end iPhone 5S has proven to be small enough that most buyers are simply opting for the more expensive iPhone 5S. This is actually seen as a benefit for Apple by some and the company stock opened 0.8% higher despite producing orders for the low-end iPhone.

Apple has increased orders for the iPhone 5S. Despite the stock price rising and increased orders for the iPhone 5S, the production orders for the iPhone 5C is seen as a reinforcement to the sentiment that the iPhone 5C was overpriced and wouldn't be well received on the smartphone market.

"This reflects a failure in Apple's pricing strategy," said Bevan Yeh, a Taipei-based senior fund manager at Prudential Financial Securities Investment Trust. "The price differentiation between 5C and 5S is too small. It's an iPhone 5 with plastic casing and isn't worth the price."

You May Like

The Author

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

Advertisement

Leave a Comment

Share this Story

Follow Us
Follow I4U News on Twitter
Follow I4U News on Facebook

Advertisement

More For You

Read the Latest from I4U News