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iPhone production cut down by 40%

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Apple is cutting its Q4 plans by a wopping 40% drop in iPhone as per a report by Friedman Billings Ramsey analyst Craig Berger. This article is covered by AlleyInsider which says - instead of a 10% sequential drop in Q4, Berger’s “recent checks” suggest Apple’s iPhone could fall “more than 40%” from its Q3 levels. Berger thinks a similar cut was made for Q1, but notes that there’s still plenty of time to change that.

Does this mean iPhone demand is slowing down? Really don’t know. Berger from Friedman Billing Ramsay notes that the iPhone cuts are “a negative global demand” signal:

That the firm’s iPhone plans are being revised lower suggests that the global macroecomomic weakness is impacting even high-end consumers, those that are more likely to buy Apple’s expensive gadgets, and that no market segment will be spared in this global downturn. This is a negative signal for global demand, in our view.

Apple shipped 6.9 million iPhones in its September quarter, but that included 2 million iPhones in channel inventory in 30,000 distribution points.

[via  - AlleyInsider]

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iPhone 3G production ramped up to 800,000 per week

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800,000 phones per week is a massive massive output from the point of view of any phone manufacturer anywhere in the world. TechCrunch has this coverage - “Foxconn, the Taiwanese electronics giant that produces the for Apple, has ramped up to 800,000 units per week, says a source close to Apple with direct knowledge of the numbers. This is “above current full capacity” and there may be some concerns with quality control.”

Macrumor has this to add - “An early report claimed that Apple would produce 24-25 million iPhones throughout the life of the product. At a rate of 800,000 iPhones per week, Apple would produce over 40 million devices over the next year. ”

This is massive jump. iPhones might change the way we work within 5-7 years from now, I feel.

[via -  TechCrunch and Macrumors]

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