Apple Will Cut 10% Planned Production For iPhones – Check Out Why!
A report by Nikkei Asian Review stated that Apple is cutting the planned production of its latest iPhone models – XS, XS Max, and XR – by 10 percent for the next three months. Not so much of a good news for the users of iPhone. But why did Apple take this step? Check it out.
This is the second time in two months that Apple is making a change in its planned production. According to the report, Last month, Apple had asked its suppliers to manufacture fewer iPhones for the January-March quarter
The manufacturer is expecting a further rise in the iPhone sales this year. Nikkei said, “The level of revision is different for each supplier and depends on the product mix they supply.”
The company also said that it will stop disclosing iPhone shipments, from the October-December quarter this year. The decline in the production is due to the more competitive market and the ongoing US-China trade war.
The company’s CEO Tim Cook told the investors that, “We believe the economic environment in China has been further impacted by rising trade tensions with the United States.”