This Apple phone cuts iPhone orders by 20%

Apple has cut orders for iPhone devices by 20% from its sales estimate for this year, according to a Nikkei Asia report on Wednesday, due to lower demand for the smaller iPhone 12 mini.

While demand for new iPhones from Apple is still high, with the company planning to manufacture 230 million iPhones in 2021, an 11.6% increase from 2020, according to the Nikkei Asia Index, however, the iPhone 12 mini is not being sold, as consumers are drawn to the older iPhone 11, which has a larger screen, or the larger iPhone 12, and its more premium Pro version, according to CNBC, and Al Arabiya. net examined it.

Apple stock closed down 0.91% on Wednesday.

While the Mini is compelling for people with smaller hands, most consumers should spend an extra $ 100 for the iPhone 12, which has better battery life and a larger screen.

Apple no longer discloses how many iPhones it sells each quarter, but in January research firm IDC said the company shipped 90.1 million devices in the fourth quarter of 2020, “the largest seller’s shipping volume in a quarter, ”and helped Apple, which is the world’s largest phone salesperson, ahead of Samsung in the fourth quarter, and iPhone revenue grew 17% d year after year.

The momentum behind the iPhone 12 helped Apple book a record-breaking holiday shift in 2020, bringing in more than $ 100 billion in the quarter for the first time in company history.