Apple cuts 1Q production for new iPhones by 10 pct

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

But if even "affordable" iPhone models like the XR are retailing for £749 / $749 (AU$1,229), with flagship models pushing into four-figure sums, Apple may be testing the determination of its fan base a bit too hard. Sources say that Apple contacted suppliers last month, telling them to produce fewer iPhones for the current quarter.

A week after the shock created by the announcement of a downward adjustment of its revenue forecast for the last quarter of 2018, we learn that Apple has chose to reduce by 10% the production of the new iPhones.

Apple CEO Tim Cook this week told investors that the main drag on the firm's performance in China had been a sharper-than-expected slowdown in the country's economy, exacerbated by the impact of trade tensions between Washington and Beijing.

Overall planned production volume of both old and new iPhones is likely to be cut to a range of 40 million to 43 million units for January-March, from an earlier projection of 47 million to 48 million units, according to Reuters through the Nikkei report.

More news: Belgian expert reveals truth to Yannick Carrasco deal claims

Apple's iPhone suppliers include Taiwanese assemblers Hon Hai Precision Industry (Foxconn) and Pegatron.

On top of it all, last month Apple was also ordered by the Fuzhou Intermediate People's Court to stop selling and importing all iPhone models from the 6s to the X in China after concluding that Cupertino was infringing on two Qualcomm patents.

A new report claims that Apple has cut production of new iPhones by another 10 percent in the wake of its blockbuster sales warning.

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