We heard already from various Apple suppliers that they were cutting their sales forecasts, suggesting the latest iPhone models were not doing as well as expected. The Journal today says that Apple reduced orders for both iPhone XS and iPhone XR.
Apple has apparently found it hard to accurately predict demand for its three model lineup amidst an overall slowdown of the smartphone market and seemingly-weak Chinese demand. The changes to the production schedules are frustrating suppliers, according to the Wall Street Journal.
more…
