<p>TAIPEI/BEIJING (Reuters) - Apple Inc is cutting production orders for its plastic-backed iPhone 5C a month after launch, a source familiar with its supply chain said on Wednesday, fueling speculation the cheaper model of its main gadget may have been priced too high.</p><p>Apple has asked one of its largest suppliers to increase production of the top-tier 5S, which went on sale at the same time, the Wall Street Journal reported. said. Analyst said this allayed concerns that the cheaper 5C will eat into premium sales and erode margins.</p><p>Apple has told manufacturers it will reduce orders for the 5c smartphone in the final three months of the year, the source told Reuters. The company added the 5C to the lineup in September along with the flagship iPhone 5S.</p><p>Pegatron Corp, which assembles many of Apple's iPhone 5Cs, had seen orders reduced by less than 20 percent, said the source, who asked not to be identified because the information is sensitive.</p><p><a href="http://www.reuters.com/article/2013/10/16/us-apple-5c-idUSBRE99F08J20131016">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.zdnet.com/iphone-5c-demand-worries-emerge-but-may-be-misplaced-7000022026/">iPhone 5c demand worries emerge, but may be misplaced</a> (ZDNet)</p><p><a href="http://www.engadget.com/2013/10/16/apple-iphone-5c-speculation/">WSJ reports Apple cutting orders for the iPhone 5c, invites you to speculate</a> (Engadget)</p><p><a href="http://techcrunch.com/2013/10/16/apple-reportedly-reduces-iphone-5c-orders-increases-iphone-5s-output-for-q4/">Apple Reportedly Reduces iPhone 5c Orders, Increases iPhone 5s Output For Q4</a> (TechCrunch)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=duA5M9mRMLXG9RM0rVJ0CzsciXFLM&ned=us">551 additional articles.</a></p>