Apple cuts current-quarter production plan for new iPhones | 2019-01-10

Apple cuts current-quarter production plan for new iPhones

9th January, 2019 10:21:52 printer

TOKYO: Apple is cutting planned production for its three new iPhone models by about 10 per cent for the March quarter, the Nikkei Asian Review reported on Wednesday (Jan 9), a week after the company slashed its quarterly sales forecast.

That rare step exposed weakening demand in China for Apple's iPhones amid a slowing economy, which has also been buffeted by a bruising trade war with the United States.

Many analysts and consumers have said the new iPhones are overpriced, report agencies.

Apple asked its suppliers late last month to produce fewer-than-planned models of the XS, XS Max and XR, Nikkei said, citing sources with knowledge of the request.


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