Apple is preparing to up the ante when it comes to iPhone production in 2007. TheStreet has reported, citing people familiar with Apple, that there are plans to double iPhone production in the fourth quarter of 2007.
The plans call for producing 2.7 million iPhone cell phones next quarter, up from the goal of 1.54 million. These new goals up the ante for Apple as they will be producing nearly 4.8 million iPhones this year as apposed to 3.6 million.
As reported on the 12th, Apple has reached a critical point in the sales of consumer electronic devices by selling 1 million iPhone cell phones in just 74 days. Selling one million consumer electronic devices is what all technology companies strive for when trying to break into a new market.
Apple’s goal in 2008 is to sell around 10 million iPhones. With the advent of the 3G iPhone due around the start of 2008, sales should increase at a faster rate as those models will work in more worldwide markets. Via Reuters.