Nikkei has run a report suggesting that Apple has instructed its suppliers to reduce iPhone XR production, reflecting lower-than-expected demand.
Foxconn […] would produce around 100,000 fewer units daily to reflect the new demand outlook – down 20% to 25% from the original optimistic outlook.
The report has seen the stock fall almost 2% in pre-market trading, adding to last week’s 6% fall on weaker-than-expected guidance and nervousness around the company no longer reporting iPhone sales numbers …
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