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Apple to cut iPhone production by 4 million

According to ZDNet, Apple is reducing production of the iPhone by 4 million units for the remainder of the year.  Is this because of the launch of the G1 Android based phone, the state of the economy or perhaps just a miscalculation by Apple?  You decide.

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Big in Japan builds cool applications for mobile devices, including Apple’s award winning iPhone and Google’s open source Android platform, think of us as the mobile idea factory. Our most popular application is ShopSavvy.

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