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Apple cuts back iPhone production?

Apple cuts back iPhone production?
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There are an incredible number of iPhone devotees in London.  Go into any café, pub or train and there will be a good number using their iPhone’s as they fill up their ‘down’ time.  

Though with the credit crunch, there is a lot more time to be downed.

According to a UBS analyst, Maynard Um, Apple are drastically cutting back the number of iPhones from 9 million in the third quarter to an expected 4 million in Q4.  

Obviously this could be a normal response to slack post Christmas buying trends, or a lead into a new iPhone.  

Yet with the credit crunch looking particularly painful in 2009, Apple may just be reading the phenomenal change in spending patterns just right.  

Cheap SIM deal anyone? 

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Tim Belfall

Posted by Tim Belfall on 07 Nov. 2008

Condico is a start-up organisation based in London whose purpose is to build a sustainable, profitable business that is attractive to customers, business partners and future investors.  Condico’s focus is on the primary portfolio and to cover the spectrum of MDM solutions, Condico intends offering other device encryption and security products - the combination providing a ‘one-stop-shop’ MDM vendor. 

Tags: apple, iphone