On October 16, the Wall Street Journal (WSJ) initially released the article “Apple Cuts iPhone 5C Orders,” authored by Ian Sherr, Lorraine Luk and Eva Dou. The report conveyed supplier cuts less than one-third from the Hon Hai Precision Industry Co. and 20 percent from the Pegatron Corp.
Upon release it becomes big news all over the Internet albeit it is below par conceived interpretations of unverified data. In that same report, the Wall Street Journal failed to mention the number of iPhone 5c they had been creating, the total number of models it originally planned to create this quarter and the number of models it will produce as a response to its production yields.
WSJ further speculated that the reduced orders fuelled the less-than-expected demands and Apple’s pricing strategy.