Apple is not allowing a bleak market outlook to slow the upcoming production of its iPhone 14
During a time when many companies are seeing lower sales, Apple stock has been rising ahead of its annual fall product launch. The tech giant is set to announce the launch of its iPhone 14 lineup in September.Lower-priced and mid-tier Android phone sales have seen a decline in the recent economic slowdown , according to analysts. This would lead some to think a company like Apple might hold back a bit on the upcoming production numbers of its yet to be released iPhone 14 smartphones. However, Apple is expected to ask its suppliers to produce 90 million units. This number is in line with what was produced during last year’s launch period for the iPhone 13 The projected production numbers indicates that the Cupertino tech company is confident it will remain unaffected by the anticipated slow down in mobile device sales through the rest of the year.
