Andre Yoskowitz
10 Oct 2013 20:10
According to multiple reports, Apple is preparing to slash production on its iPhone 5C, moving down to 150,000 units per day from as much as 300,000 per day before launch.
By one measure, (China's gray market), the iPhone 5C has already been priced way down to $500, much lower than Apple's $725 retail price in the nation.
Apple said opening weekend they had sold 9 million new iPhones, but did not break down how many were iPhone 5S and how many were iPhone 5C.
Most reports claim at least 6 million of the devices sold were the higher-end 5S models.