Apple Cuts iPhone Production Another 10 Percent

Apple Cuts First Quarter Production Plan for New iPhone Models by 10 Percent Report

Apple cuts 1Q production for new iPhones by 10 pct.: Report

The Nikkei Asian Review claims that reliying on sources in the production chain, this negative readjustment would affect all the iPhone models still on the market, including the new iPhone Xr, Xs and Xs Max.

China is cited as the reason for weakening iPhone sales as that country's economy slows, which has been impacted by a trade war with the United States. This new cut falls outside of the time frame for last week's blockbuster warning to investors from Apple CEO Tim Cook, which covered the fourth quarter of 2018. This figure is derived from sources apparently familiar with this request, and applies to the first 3 months of 2019.

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India struggled to retain the ball, the defenders making hasty clearances and a midfield that was nearly non-existent. However, the surprise package was rookie forward Ashique Kuruniyan, Udanta Singh being the livewire down wide right.

Production volume is expected to be cut to 40 million to 43 million units for the Jan-March quarter.

Apple did not immediately respond to a Reuters request for comment.

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The report comes after chip suppliers Samsung Electronics and Skyworks Solutions flagged weak first-quarter chip demand for smartphones. Apple took a direct hit from the issue and even lost its number one spot to Microsoft who in turn lost it to Amazon.

Apple's iPhone suppliers include Taiwanese assemblers Hon Hai Precision Industry Co Ltd (Foxconn) and Pegatron Corp. Foxconn is said to collect almost 80 percent of its revenue from Apple products, and it's clear that since both Apple component suppliers (who would be selling to Foxconn) and Apple itself slashed forecasts that lagging iPhone sales are to blame here.

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Caroline Yates, CEO of Mayhew , said, "We are so excited that HRH The Duchess of Sussex has chosen to be our Patron". Meghan Markle is reportedly feeling "stressed" and "miserable" in her new role as the Duchess of Sussex .

Reuters reported last month that Apple will begin assembling its top-end iPhones in India through the local unit of Foxconn this year, citing a person familiar with the matter.

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