A blockbuster report tonight from Bloomberg says that Apple is cutting iPhone 14 series production due to lower demand than anticipated.
No sooner did we tell you about Apple's plans to move production of the basic iPhone 14 and iPhone 14 Plus from China to India, than we followed that up by informing you that Apple planned to tweak its production in China to build more of the pricey iPhone 14 Pro and iPhone 14 Pro Max. But now Apple has got some 'splaining to do after a shocking report from
says that Apple has asked suppliers to cut production of the iPhone 14 line up by 6 million units due to a lack of demand.This is a blockbuster report because all indications were thatwas experiencing heavy demand for the more expensive Pro models. In fact, at one point during the pre-order period, the lead time on the iPhone 14 Pro Max was 36.5 days.
Apple had been in touch with suppliers during the weeks before the phones were released on September 16th . This unexpected news could wreak havoc with Apple's supply chain which includes big companies that depend on the iPhone for revenue. Such firms include chip foundry TSMC which counts Apple as its number one customer. Contract manufacturer Foxconn also relies heavily on iPhone production to butter its bread. China, the world's largest smartphone market, is in the midst of an economic slump that has seen iPhone sales decline by 11% on an annual basis during the handsets' first three days of availability this year in China.
Weak iPhone demand is merely just a part of a global softening of demand for consumer electronics products. Global inflation, fears of a recession, the beginning of a U.S. Bear Market, and the war in Ukraine are seen as events that are expected to push down global smartphone demand by 6.5% this year to 1.27 billion units according to analytical firm IDC. Nabila Popal, research director at IDC, released a statement.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Oprah Winfrey and Apple TV+ End Their Multi-Year AgreementOprah Winfrey and Apple TV+ have concluded their mega overall deal, first announced in 2018. Both sides have confirmed the evolution, but declined to comment. It’s understood that both sides …
Leer más »
Oprah Winfrey & Apple TV+ End Content PartnershipOprah Winfrey and Apple are winding down their content deal. Winfrey and the streamer struck a “multi-year content partnership” in January 2018, but sources have confirmed that their deal is ending…
Leer más »
NFL announces business mogul and philanthropist Rihanna will perform for the Super Bowl Halftime ShowThe NFL, Apple Music and Roc Nation announced in a press release that international icon Rihanna will bring fans another historic Halftime Show performance for the Apple Music Super Bowl Halftime Show
Leer más »
Here’s Why Fans Think Taylor Swift Will Be the Next Super Bowl Halftime Show PerformerHere’s why fans think taylorswift13 will be the next SuperBowl Halftime show performer 👀
Leer más »
Table gives out before Apple Watch Ultra during torture testApparently, you can comfortably hit your Apple Watch Ultra with a hammer a good many times before it stops functioning. Don't do it though.
Leer más »
Apple begins making the iPhone 14 in India, marking a big shift in its manufacturing strategyApple usually manufactures older iPhone models in India. With the iPhone 14, Apple is manufacturing the latest model in its line-up near to the device's launch.
Leer más »