Apple is reducing orders of its iPhone 5c for the fourth quarter, according to the Wall Street Journal. The article echoes recent analyst reports, and questions the lack of demand and pricing strategy for the 5c. Assemblers Pegatron and Hon Hai/Foxconn were both told orders would be cut — sources say Pegatron was told a 20 percent cut would be forthcoming, while Hon Hai was told orders would be slashed by a third. Another supplier was reportedly…