Never say never; I think most American speakers would find that the 'fabricated iPhones' noun phrase implies that the iPhones are counterfeits. Otherwise the adjective would be awkwardly unnecessary – all iPhones are already manufactured. So, it must be there to emphasize (or at least hint at) the other meaning of 'fabricated'.

It's a little bit of an uncommon/sloppy usage, but still clear... more likely to appear in impromptu speech than writing.