The iPhone is losing appeal, at least in China. According to reports from the Chinese site C Technology, Apple is cutting the daily production of new models by 50%, from 300 to 150 units.
C Technology refers to the market of the People's Republic, emphasizing that the price of the latest version of iPhones – the 5S and 5C, the one that should have been low cost – is too high, if compared with other brands.
In particular, the iPhone 5C seems to have fallen short of Apple's expectations. Perhaps the majority of consumers who buy Cupertino products prefer, perhaps with an extra 100 euros, to have the best product. But it's also possible, C Technology says, that the company has produced enough to meet initial sales targets and is now focusing on 5S.