Apple to nearly double iPhone production: report

[IJ Reilly]

Apple Inc (AAPL.O) has prepared plans to nearly double its iPhone production in the fourth quarter, financial news Web site TheStreet.com reported, citing people familiar with the company.

The plan calls for making 2.7 million iPhones next quarter, up from the 1.54 million originally targeted, the report said. Apple's plans now call for 4.8 million iPhones to be produced this year, up from the 3.6 million previously targeted, the report said.

Earlier this month, Apple said it sold its one-millionth iPhone a few weeks ahead of schedule.

Apple officials were not immediately available for comment.

http://news.yahoo.com/s/nm/20070919/tc_nm/apple_iphone_dc_1;_ylt=ApC8pX0CR1BuVxmy0WmiXTgE1vAI

 

[scaredpoet]

It only makes sens with the price drop and O2 launch, it would be foolish to not ramp up production.

 

[IJ Reilly]

It only makes sens with the price drop and O2 launch, it would be foolish to not ramp up production.

The article says doubled from the number originally targeted to be produced, which should have included the European rollouts, if not the price cut (which many believe was planned well in advance).

The lack of interest in this news is pretty astounding!

 

[megfilmworks]

It may be because the Street has a poor track record on iPhone.