Apple lowering iPhone production by another 10 percent

Apple is having a tough time on the market - following its lowered earnings guidance Cupertino is reportedly cutting its iPhone production as well

Posted 4 months ago in Other.

User Image
vinod borasi
56 Friends
2 Views
1 Unique Visitors


Apple is having a tough time on the market - following its lowered earnings guidance Cupertino is reportedly cutting its iPhone production as well. The original plan for 48 million sold units between January and March, later reduced to 43 million, is now taking another hit and is cut with an additional 10% to 40 million.

Sources said to Nikkei Asian Review that Apple asked its suppliers to produce fewer of its new iPhones for the upcoming quarter. The request was made before the January 2 guidance announcement, meaning the company was already aware of the lower than expected interest in customers. The revision in production will affect all three new phones - iPhone XS, iPhone XS Max, and iPhone XR.



The decline in production is around 20% on a yearly basis, compared with the 52.2 million phones sold in the first quarter of 2018, but the monetary effect might be different due to the updated retail prices of the new phones.

Source 1

FACEBOOKTWITTER

RELATED



Apple finally acknowledges lower-than-expected iPhone sales



Foxconn to start premium Apple iPhone manufacturing in India next year



Huawei to surpass Apple and take second place in the global market



German court says Apple infringed on Qualcomm patents, issues sales ban

HOMENEWSREVIEWSALL PHONES

© 2000-2019 GSMArena.com

Privacy | Terms | Glossary | Contact us

PHONE FINDER

Desktop version




Apple is having a tough time on the market - following its lowered earnings guidance Cupertino is reportedly cutting its iPhone production as well. The original plan for 48 million sold units between January and March, later reduced to 43 million, is now taking another hit and is cut with an additional 10% to 40 million.

Sources said to Nikkei Asian Review that Apple asked its suppliers to produce fewer of its new iPhones for the upcoming quarter. The request was made before the January 2 guidance announcement, meaning the company was already aware of the lower than expected interest in customers. The revision in production will affect all three new phones - iPhone XS, iPhone XS Max, and iPhone XR.



The decline in production is around 20% on a yearly basis, compared with the 52.2 million phones sold in the first quarter of 2018, but the monetary effect might be different due to the updated retail prices of the new phones.

Source 1

FACEBOOKTWITTER

RELATED



Apple finally acknowledges lower-than-expected iPhone sales



Foxconn to start premium Apple iPhone manufacturing in India next year



Huawei to surpass Apple and take second place in the global market



German court says Apple infringed on Qualcomm patents, issues sales ban

HOMENEWSREVIEWSALL PHONES

© 2000-2019 GSMArena.com

Privacy | Terms | Glossary | Contact us

PHONE FINDER

Desktop version

More Related Blogs

Article Picture
vinod borasi 4 months ago 14 Views
Article Picture
vinod borasi 4 months ago 10 Views
Article Picture
vinod borasi 5 months ago 13 Views
Back To Top