Apple to nearly double iPhone production: report

NEW YORK Wed Sep 19, 2007 6:27am EDT

The iPhone is seen inside the Apple Store in New York, June 29, 2007. Apple Inc has prepared plans to nearly double its iPhone production in the fourth quarter, financial news Web site TheStreet.com reported, citing people familiar with the company. REUTERS/Shannon Stapleton

The iPhone is seen inside the Apple Store in New York, June 29, 2007. Apple Inc has prepared plans to nearly double its iPhone production in the fourth quarter, financial news Web site TheStreet.com reported, citing people familiar with the company.

Credit: Reuters/Shannon Stapleton

NEW YORK (Reuters) - Apple Inc (AAPL.O) has prepared plans to nearly double its iPhone production in the fourth quarter, financial news Web site TheStreet.com reported, citing people familiar with the company.

The plan calls for making 2.7 million iPhones next quarter, up from the 1.54 million originally targeted, the report said. Apple's plans now call for 4.8 million iPhones to be produced this year, up from the 3.6 million previously targeted, the report said.

Earlier this month, Apple said it sold its one-millionth iPhone a few weeks ahead of schedule.

Apple officials were not immediately available for comment.

(Reporting by Lewis Krauskopf)

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