It was just last month that Apple released iPhone 5C with fanfare. It was the first time that Apple had introduced two iPhones at the same time. Also iPhone 5C was the first ever mid-market phone introduced by Apple.
Two data points show that iPhone 5C has hastened a march to the bottom.
Could it be that iPhone 5C was not selling well and retailers had to discount to get rid of the inventory? Could it be that retailers were using iPhone 5C as a loss leader to attract traffic? To determine an answer, I conducted a survey at 20 iPhone retail outlets. The conclusion from the survey is that iPhone 5C is not selling well. The survey also showed that consumers prefer iPhone 5S by a wide margin.
The second data point came from a report from theWall Street Journal confirmed by Reuters. The Journal reported that Hon Hai Precision Industry orders for iPhone 5C have been cut by 33%. Reuters reported that iPhone 5C orders from Pegatron Corp have been cut by 20%...Read more at Forbes
