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Business News/ Technology / Tech-news/  Apple cuts production orders for all three new iPhone models: report
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Apple cuts production orders for all three new iPhone models: report

A lower-than-expected demand for new iPhones and Apple's decision to offer more models has made it difficult to anticipate the number of components, handsets the company needs

Apple shocked investors a few weeks ago with a lower-than-expected sales forecast for the Christmas quarter. Photo: APPremium
Apple shocked investors a few weeks ago with a lower-than-expected sales forecast for the Christmas quarter. Photo: AP

Bengaluru: Apple Inc has cut production orders in recent weeks for all three iPhone models launched in September, the Wall Street Journal reported on Monday, citing sources.

A lower-than-expected demand for the new iPhones and Appleā€™s decision to offer more models has made it more difficult to anticipate the number of components and handsets the company needs, according to the paper.

Apple shocked investors a few weeks ago with a lower-than-expected sales forecast for the Christmas quarter, prompting certain suppliers to issue warnings that pointed to weakness in new iPhone sales.

Apple did not respond to a request for comment outside regular business hours.

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Published: 19 Nov 2018, 03:38 PM IST
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