Apple has reportedly cut down onproduction of its latest iPhone 5C, the low-cost model, a month after its release.
The tech giant will halve the current 3,00,000 unit-a-day pace to 1,50,000 unit-a-day.
According to news.com.au, the poor demand for the low-cost iPhone5C is speculated to be behind the cut down of production.
Apple has made no comment on the reason for the cutback.
The report said that in China, demand for the 5C has been so low retailers were forced to lower the sale price even further, however, the demand for the standard iPhone 5S is still high and the company warns orders for the 5S is on back order.
The tech giant will halve the current 3,00,000 unit-a-day pace to 1,50,000 unit-a-day.
According to news.com.au, the poor demand for the low-cost iPhone5C is speculated to be behind the cut down of production.
Apple has made no comment on the reason for the cutback.
The report said that in China, demand for the 5C has been so low retailers were forced to lower the sale price even further, however, the demand for the standard iPhone 5S is still high and the company warns orders for the 5S is on back order.
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