Friday, October 18, 2013, 04:50 pm PT (07:50 pm ET)
Apple reportedly boosts iPhone 5s production by 75%, decreases iPhone 5c by 35%
By AppleInsider Staff
Adding its voice to the cacophony of guesses regarding Apple's iPhone production, an NPD report on Friday claims iPhone 5s fabrication will soon be boosted by some 75 percent, while the 5c will see a drawback of 35 percent.
Of course you won't hear that good news, or any good news, about AAPL on CNBC. Here's how it went the other day on Squawk on the Street while they were discussing Verizon's earning beat:
Carl Quintenilla: "Does the report (which Cramer held in his hand on the air) say anything about iPhones?"
Cramer (aggressively butting in): "And phablets!!! (gasp gasp), phablets!! They signed on record number of phablets!!" Not a word from him or Faber about AAPL.
And so, Carl's question never got answered. Carl DID look a little perturbed about that circus clown act, but he let it go. If you look at that episode on line now, you'll see CNBC cuts it off right before Carl asked about iPhones. Less
Sentiment: Strong Buy
the chinese are buying the 5S. apple is priced so low that it will easily beat expectations without a big china success. apple's china strategy is still to be revealed and will take some more time, but in the meantime, apple continues to grow market share in the high-profit markets. all those android phones can batlle it out for the unprofitable low end of the market
This is *completely* inaccurate. The iPhone 5C was *not* "made" for the Chinese market. The majority of phones for the lower end of the Chinese market (and other emerging markets) are the 4S and the phones being accumulated by the Apple trade-in program. Quit making stuff up.
The drawback of *only* 35% on the 5C is absolutely wonderful news. These phones are off of old production lines, save for the new polycarbonate plastic cases, and they had to be a breeze to manufacture. I was guessing that they flooded the market with them and that the production ramp-down would be 50% or more. Couple that with the fact that the 5S is receiving a major production ramp-up, and you're left with pretty exciting conclusions. I'm changing my holiday iPhone sales from 55 to 61 million iPhones. And that's *without* China Mobile.