US-China trade war – Apple will cut its production plans of three iPhone models by 10%



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  Apple cuts production of the last three models of the iPhone

Illustrative Photo (pixabay.com)

Apple reviews its revenue forecasts through a US-Chinese commercial battle

Apple accepted the decision to reduce by approximately 10% the production plans of the three models of iPhone from October of last year for the next three months. According to RBC-Ukraine, referring to the Nikkei Asian Review.

According to sources in this publication, Apple has asked its suppliers to manufacture fewer iPhone XS, XS Max and XR smartphones than expected between January and March [19659005] "The review of production varies by provider ", said one of the interlocutors of the publication.

According to another source, the total production of iPhone could fall to 40-43 million units, against 47 to 48 million previously expected, or more than 20% in annual terms.

Recall, Apple cut orders for iPhone models introduced in September

Yes, Apple's sales forecast for the holiday quarter, released by the company there is weeks, did not meet the expectations of investors. As a result, some of the company's suppliers have reduced their financial outlook, which is due to weak smartphone sales.

RBC-Ukraine also wrote that the shares of Apple had dropped 9.43% at the opening of the NASDAQ stock exchange on January 3 . traded at $ 143.

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