Apple’s Volatile Ride Continues Amid Reports Of Production Cuts For New iPhone Models

Posted by Shanthi Rexaline

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A Wall Street Journal report portended further troubles ahead. Apple reduced its production orders for all three of its newest iPhone models in recent weeks, WSJ said, citing people familiar with the situation.

“Lower-than-expected demand for Apple’s new iPhones and the company’s decision to offer more models have created turmoil along its supply chain and made it harder to predict the number of components and handsets it needs, the report said…. CLICK for complete article

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