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My Profile Live Election Coverage Breaking news, state-by-state map and more... Election News You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures You Witness The Great Debate Blogs Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters You Witness News Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Analyst says iPhone production may be cut Mon Nov 3, 2008 2:45pm EST Email | Print | Share | Reprints | Single Page [-] Text [+] SAN FRANCISCO (Reuters) - FBR Capital Markets said on Monday that production of Apple Inc's iconic iPhone might plunge more than 40 percent in the fourth quarter from the previous period. "Previous checks indicated that iPhone production would fall about 10 percent sequentially in calendar 4Q," said FBR's note by Craig Berger, "(but) our new checks indicate that iPhone production could fall more than 40 percent sequentially in 4Q." An Apple spokesman was not immediately available for comment. NPD Group analyst Ross Rubin said: "To cut volume by 40 percent would be dramatic." FBR's Berger said his findings were a "good proxy for broader consumer demand." Van Baker of Gartner said that if there were such a cut, it might reflect Apple's ramp-up of delivery to countries outside the United States. While the company needed to produce many phones to fill the supply chain overseas, he said, all it now needs to do is meet continuing demand, which may be tapering off. Such a cut "could end up painting an ugly picture, but not as ugly as it seems on face value," Baker said. Apple reported a stronger-than-expected 26 percent rise in quarterly profit last month, spurred by sales of the iPhone. The company sold 6.89 million iPhones in the quarter, outpacing BlackBerry maker Research in Motion Ltd. (Reporting by David Lawsky; Editing by Lisa Von Ahn) © Thomson Reuters 2008 All rights reserved Share: Del.icio.us Digg Mixx My Web Facebook LinkedIn Next Article: Yahoo, Google revise deal in hopes of approval: source Also on Reuters Analysis: How Obama went from longshot to favorite Media groups turn on Web for election cover Slideshow Campaign supporters on both sides brace for nail-biting end Editor's Choice Pictures Video Articles Slideshow A selection of our best photos from the past 24 hours. Slideshow Election 2008 digital tomb Muay Thai fight Lifestyle: Yiddish revival creates rift Top News: Muslims seek crisis plan with Vatican International: African albinos killed for body parts Most Popular on Reuters Articles Video Recommended Obama leads McCain in 6 of 8 key states | Video Obama's grandmother dies of cancer in Hawaii Clues to election result could come early | Video Study links teen pregnancy to sexy TV shows Rare flash of anger from Obama on Halloween night Gay marriage votes may show changing U.S. Circuit City to shut 155 stores, mulling options Recession rears ugly head, global auto sales shrink Clues to U.S. election result could come early Auto sales plunge to near 25-year lows Most Popular Articles RSS Feed Video Prank call catches Palin off guard Obama and McCain battle it out Obama's aunt is 'illegal alien' ANC rebels to contest elections Flag burning on West Bank Goma residents scramble for aid China tangerine sales go pear-shaped Congo must avoid Rwanda genocide Kurds protest Turkish PM's visit Icelanders call for PM to resign Most Popular Videos RSS Feed Live Coverage of Election Night, 2008 Breaking news headlines Interactive state-by-state map Tails from the Trail blog Reuters/Zogby tracking polls Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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