Sunday, 20 October 2013

Apple cuts Q4 orders for iPhone 5C: Source - Economic Times







(Pegatron Corp, a major manufacturer…)




TAIPEI/BEIJING: Apple Inc shares opened 0.8 per cent higher as investors looked to strong sales for the flagship iPhone 5S, shrugging off signs of less-than-stellar orders for the cheaper 5C model.


Apple has told manufacturers of the 5C that it will cut orders of the smartphone for the final three months of the year, a source familiar with the supply chain situation said. But analysts said the decision by consumers to spend more and buy the pricier 5S model would benefit Apple and the company's shares touched a one-month high above $502.







via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFnxH9BFIv-fBpS04qPRei009UfFQ&url=http://articles.economictimes.indiatimes.com/2013-10-17/news/43114670_1_5c-orders-iphone-5c-5c-and-5s

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