APPLE TO BEGIN PRODUCTION OF THE IPHONE 5S THIS MONTH
AP
He says the new
He also says Apple has already begun production of its lower-cost iPhone, which he believes will sell for $300-$400, without a subsidy. At that price, it's more a mid-tier phone, and "it will not be competitive in emerging markets," according to Misek.
He believes Apple is going to put in orders for 50-55 million iPhones in the fourth quarter, with 5 million iPhone 4Ss, 20 million low-cost iPhones, and 25 million iPhone 5Ss.
His checks indicate that Apple has been shifting its orders to cut back on iPhone 5S production while increasing low-cost iPhone product for the end of the year.
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