Apple Inc. (AAPL) Reduces iPhone 5c Production At Foxconn Facility In Favor Of 5s
Apple Inc. (NASDAQ:AAPL) is shutting down the production of the iPhone 5c at a Foxconn factory in Zhengzhou (northern China) in favor of the iPhone 5s, according to DigiTimes. Apple has asked Foxconn to switch this factory to iPhone 5s production. This further proves that the iPhone 5s is far more popular than the iPhone 5c.
The iPhone 5c costs $549 unlocked for the 16GB version and $649 unlocked for the 32GB version. That was supposed to be Apple’s lower-cost smartphone, but it is still too pricey to hit a high demand. The good news is that Apple Inc. (NASDAQ:AAPL) makes more profit from the sales of the 5s compared to the 5c.
“Foxconn and Pegatron Technology have obtained OEM orders for 30% and 70%, respectively, of iPhone 5c production, the sources said. One month ago, Apple lowered iPhone 5c orders to Pegatron by 20% and those to Foxconn by nearly one-third for the fourth quarter due to unsatisfactory sales, the sources indicated,” wrote DigiTimes in their report. “According to China-based ctechcn.com, Foxconn will not stop production of iPhone 5c but will reduce weekly output slightly.”