Apple to cut iPhone production as it prepares for iPhone 11 launch

The iPhone XS Max

Apple hasn’t been performing too well in the smartphone market lately and according to a new “smartphone supply chain” note by Rosenblatt, the Cupertino giant is about to cut production yet again. This time around, though, the change isn’t due to an unexpected drop in demand.

Apple has a lot of iPhone XS and XS Max inventory lying around
In order to compensate for the usual decline that happens throughout the third quarter of the year, Apple is reportedly preparing to cut orders for “older iPhone model production” slightly ...

from PhoneArena http://bit.ly/2EG7oM1

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