It’s Getting Worse: Apple Preparing for Second iPhone XR Production Cut
Apple has recently announced that it would no longer share iPhone sales numbers during its earnings reports, and while this decision makes sense at first glance, it looks like it’s all happening for a good reason.
Analysts believe iPhones may have reached their saturation point and the only way they can go now is down. And unfortunately for the Cupertino-based tech giant, the latest reports on the iPhone front seem to suggest the decline has already started.
Specifically, information that made the rounds earlier this week suggested that Apple no longer wants to expand iPhone XR production at Foxconn and Pegatron plants due to sales that are lower than anticipated. People familiar with the matter indicated Foxconn might produce 100,000 fewer units that Apple estimated it would need to reach iPhone XR demand.
Further production cuts?