Apple dialing down on iPhone production, as sales come below targets

Per inside sources, Apple is currently adjusting its production orders due to lower-than-expected sales of all three 2018 iPhones, not just the iPhone XR. The board had to cut down on the production after a decision was made a few weeks ago when Apple shocked investors with surprisingly low demand numbers. After decreasing the iPhone XR production by a third, the Cupertino-based company is now revisiting its orders for the iPhone XS and XS Max as well. According to analysts, the launch of three new iPhones this year is a double-edged sword because Apple is now struggling to forecast...

from GSMArena.com - Latest articles https://ift.tt/2QV5T0y