According to a new report, Apple has trimmed the production of the iPhone XS, iPhone XS Max, and iPhone XR by 10 percent for the March quarter
Most smartphone vendors have seen their shipments flatten or decline this year as the market has reached its saturation point. Apparently, this can be blamed on the absence of groundbreaking technologies, causing consumers to hold on to their devices longer. Apple is also feeling the heat, and the company reduced its guidance on earnings by 7 percent last week, blaming it on the strained ties with China and the weakening Chinese economy. If reports are to go by, the Cupertino giant asked its suppliers to cut down production once again sometime last month.
There have been numerous reports claiming that Apple has cut production in the last few months, eliciting an impression that production has been slashed a dozen times since the release of the latest iPhones.
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USA — IT Apple Reportedly Cutting iPhone Production by 10% for the January-March Period Due...