iPhone cut's price to $399

12thMan · 09-17-2007, 01:49 PM

For anyone that cares, here's a blurb.

A successful price cut (to $399) has cleared the way for Apple (AAPL) to boost iPhone production, TheStreet.com has learned. Says Apple is raising its manufacturing target for the quarter ending Dec. 31. The company had planned to make 1.7 million iPhones in the fiscal fourth quarter ending later this month, and to make 1.54 million iPhones in the fiscal first quarter ending Dec. 31. But now, "That 1.54 million number is going up," says the source. Last week, Apple said it sold its millionth iPhone, hitting the official target earlier than predicted

09-17-2007, 01:49 PM	#1
12thMan MVP Join Date: May 2005 Location: washington, D.C. Posts: 11,460	iPhone cut's price to $399 For anyone that cares, here's a blurb. A successful price cut (to $399) has cleared the way for Apple (AAPL) to boost iPhone production, TheStreet.com has learned. Says Apple is raising its manufacturing target for the quarter ending Dec. 31. The company had planned to make 1.7 million iPhones in the fiscal fourth quarter ending later this month, and to make 1.54 million iPhones in the fiscal first quarter ending Dec. 31. But now, "That 1.54 million number is going up," says the source. Last week, Apple said it sold its millionth iPhone, hitting the official target earlier than predicted

iPhone cut's price to $399

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