Apple Drastically Cuts iPhone 5C Production

This doesn't come as much of a surprise, but Apple has even more slashed iPhone 5C production due to low demand. Last month, the production has been cut from 30,000 units to 15,000 units per day. However, Apple says that it is not their fault for the low demand.

Apple's biggest manufacturer Pegatron has produced only 80,000 units in October instead of 300,000 units which was has been planned. Apparently the real reason behind low demand is Samsung. Apple's Marketing Chief said that Samsung has "weakened the world view of Apple as this great designer and innovator," as he copied many attributes of Apple's products.