Yesterday finally saw the white iPhone 4 become available around the world. One of Apple’s suppliers Pegatron has announced their profits before the iPhone 5 release date.
Kendra Srivastava from Mobiledia is reporting that the supplier to Apple for iPhone 4 parts has reported a drop in profits of 50% for the first quarter. This points to Apple cutting down orders for the current version of the iPhone as it gears up for the iPhone 5.
The company had originally thought it would ship ten million iPhone 4s this year with a loss of $19.4 million. But now Pegatron only expects to ship about five million units by the end of 2011. The Taiwan based company is in talks with its clients to address the situation.
The statement from the company suggests that Pegatron could be making the iPhone 5, but it is not completely clear. But it is obvious that despite the release of the white version, demand for the iPhone 4 is beginning to weaken.
Apple managed to shift sixty million iPhone 4s last year, but there are predictions of the company selling 100 million iPhone 5s this year. The next handset is rumored to be both a CDMA and GSM phone allowing Apple to sell one universal device.