Apple dialing down iPhone production, as sales come below targets

Per inside sources, Apple is currently adjusting its production orders due to lower-than-expected sales of all three 2018 iPhones, not just...

Per inside sources, Apple is currently adjusting its production orders due to lower-than-expected sales of all three 2018 iPhones, not just the iPhone XR. The board had to cut down on the production after a decision was made a few weeks ago when Apple shocked investors with surprisingly low demand numbers. After decreasing the iPhone XR production by a third, the Cupertino-based company is now revisiting its orders for the iPhone XS and XS Max as well. According to analysts, the launch of three new iPhones this year is a double-edged sword because Apple is now struggling to forecast...

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