Apple will reduce by 10% the production of new models of iPhone in the first quarter



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Apple Inc. In the first quarter of 2019, the production of three new models of smartphones – the iPhone XS, XS Max and XR – will decrease by 10%

Nikkei Asian Review written

The last week, Apple's shares fell over the first 16 years of declining earnings forecasts. Tim Cook, director of the company, said on Jan. 2 that iPhone sales, including China, were weaker than expected, and that analysts feared a larger drop in smartphone production.

See also: Samsung and Apple announced their cooperation [19659002] According to sources from Nikkei, Apple has asked suppliers to reduce the output of components and the iPhone themselves a second time in two months.

"The assessment of performance varies by vendor," said one source.

that in general the iPhone's production the same thing is expected to decline to 40-43 million from the previously expected 47-48 million, or more than 20% per year.

Apple does not comment on production volume forecasts.

At the same time, according to Apple's new estimates, its revenue for the first quarter, which ended December 29, amounted to about $ 84 billion. , which was previously between 89 and 93 billion dollars, according to experts interviewed by FactSet, which stood at 91.3 billion dollars on average.

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