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Bryan M. Wolfe
| October 10, 2013
Some Very Bad News For Apple's iPhone 5c
Earlier this week, I suggested that Apple’s iPhone 5c was a huge disappointment. Today, some new information is helping to backup that claim. First, Chinese site C-Technology is reporting that Apple has been forced to cut in half the production orders for the iPhone 5c. Instead of making 300,000 units per day, Apple’s suppliers are now being asked to make only 150,000 units. The cut is being attributed to weakening sales for the mid-priced handset. Meanwhile, UnwiredView claims that the Chinese gray market is so unimpressed with the iPhone 5c that models on the street are going for 30 percent below retail. By contrast, the “Chinese simply went crazy over the golden iPhone during the first weeks of availability, with reseller prices climbing as high as 10 000 Yuan ($1633) in the first days of October. They now have settled down to a more sane level, but gold iPhone 5s still goes for 6 to 7000 Yuan in the grey market.”