Drop in Production of iPhones?
TheStreet claims that Apple's stock took a dip amidst gossip that Apple was reducing production of iPhones from "9 million units to 4.5 million units," according to a note from analysts Miller Tabak & Co.
Which suggests to me some kind of upcoming design or technical amendment. Perhaps a 3G variant for Europe?
Follow-up:
However, Miller Tabak analyst Peter Boockvar later told AppleInsider that his firm authored no such note on Apple. Instead, he said, gossip was passed along during a telephone conversation and was subsequently overblown.
"Disregard it. There's no note on Apple today," Boockvar said. "It's pure noise."
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