Apple cuts production orders for all new iPhones

Apple unveiled its new line-up consisting of iPhone XS XS Max and XR in September

Production requirements reportedly were thrown off by low demand among consumers and by Apple's decision to offer three new models - the Cupertino company had released two models each year until 2017. This comes right along the lines where the company has not been able to predict the demand of its latest iPhone devices.

Now playing: Watch this: How deep can the iPhone XS and XR go?

iPhone maker Apple has cut production orders in recent weeks for all three iPhone models launched in September, the Wall Street Journal reported on Monday, citing sources. Apple's stock has fallen more than 5% recently after it told investors it would no longer report iPhone unit sales and issued a lower-than-expected sales forecast for the Christmas quarter. In India, Apple's sales have stumbled, particularly in light of the new products which are priced highly.

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Apple's suppliers have for days been sounding warnings about iPhone demand. However, per the Journal, this decision is also making it even more hard for Apple's suppliers to gauge demand.

The report repeats earlier claims that iPhone XR production will be cut by a third, though the reduction in iPhone XS and XS Max orders don't appear as severe.

"Doing business with Apple is very risky as it often reverses what it has promised", they added.

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