Apple To Cut iPhone Production By 10 Percent For Q1

January 9, 2019

Via: Pymnts

In what could be evidence that Apple is bracing for even worse demand for its iPhones, the Cupertino, California company has reportedly slashed production for new iPhones by roughly 10 percent.

The Nikkei Asian Review, citing sources familiar with the matter, reported Apple is cutting production by around 10 percent for the coming three months. Sources told the paper Apple reached out to suppliers in late December about the production cuts for the first quarter of 2019.

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