“Apple is indeed producing far fewer iPhones than it was earlier this year, writes UBS analyst Maynard Um. Echoing statements from Friedman Billings Ramsey, Um notes that checks with the supply chain indicate that iPhone levels are down by 1.7 million to 2.3 million,” MacNN reports.
“Total production for the December quarter could amount to just 4 million, which is below UBS estimates of 5 million and September-quarter production of 9 million. Um says his firm is keeping to estimates, however, and will monitor for any changes,” MacNN reports.
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MacDailyNews Note: Apple already had some 2 million iPhones in the channel at the end of the quarter, so a production cut could simply have been a planned adjustment after a production surge to prepare for the initial rollout to countries around the world last quarter.
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