Monday , May 23 2022

Apple cuts production orders for three new iPhone models



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(Reuters) – Apple Inc. has cut production orders for the three iPhone models launched in September in the last few weeks, Vall Street Journal announced on Monday, citing unnamed sources.

According to the newspaper, lower than the expected demand for new iPhones and Apple's decision to offer more models, it made it difficult to predict the amount of components and phones the company needs.

Apple surprised investors a few weeks ago with lower sales forecasts for the Christmas quarter than expected, which has led some manufacturers to issue warnings that indicate a weakness in the sales of new iPhones.

Apple has not responded to the request for comments from this agency at this time.

(Information by Kanishka Singh in Bengaluru, translated by Tomas Cobos in the editorial office of Madrid)

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