Pacific Crest analysts believe Apple to have reduced its planned iPhone production targets by up to four million units, though reasons for this have not been given. Some speculation exists suggesting the production reduction is a response to continues stale mate in plans to launch the device in China, for example.
Apple will now build a total of 14 million to 15 million iPhones in the second half of the year, the analysts said. Pacific Crest also raised its second half iPhone unit sales projection to 11 million from 8 million.
Despite the reduction in production, these figures still put Apple in seventh place for sales in the global smartphone market, prompting Forward Conc
