Apple Cutting Current iPhone Production Ahead Of iPhone 5 Launch

Posted on May 16 2012 - 8:05am by Editorial Staff

So far, we just only know that Apple’s next instalment of iPhone – the iPhone 5 will released near by the month of October, but what as a part of proper strategy Apple is cutting back on the production of the current iPhones as it will results in giving an edge to yet-to-come iPhone 5, CNET reports. The production percentage reduced by 20 percent to 25 percent on a quarter-over-quarter basis, according to supplier checks by Sterne Agee analyst Shaw Wu. “We believe this will enable Apple to be better equipped to meet strong demand and deliver upside relative to consensus expectations,” Wu said.

Related Stories:

About the Author

Editorial Staff at I2Mag is a team of subject experts.