Apple is Cutting iPhone 5c Production Due to Low Demand and Sales

Due to the low user demand and sales, Apple is cutting the iPhone 5c production in Foxconn's Zhengzhou factory in Northern China from 50,000 per day down to just 8,000 per day. Now the factory is going to concentrate to increase the production of iPhone 5s. It seems the plastic iPhone going to become a disaster in the world market. Apart from low iPhone 5C sales, this move could have also been motivated by some serious iPhone 5S supply shortages across the globe. There's also some speculation that Apple might just cut down production of the iPhone 5S, thereby making it harder to find. The scarcity might enhance the product's image as a 'premium device' over the cheaper iPhone 5C.
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