The situation remains extremely difficult for Apple.
The demand for the iPhone XS, Max XS iPhone and iPhone XR continues to disappoint Apple. The company for the second time in the last month has cut production of its new smartphones, reports DigiTimes, citing sources from Apple partners.
According to sources from DigiTimes, Apple for the second time reduced the supply of iPhone XS iPhone XS iPhone Max and XR. The reason remains the same — sales of new smartphones do not meet the expectations of the company.
Apple reduced the number of orders from companies Largan Precision Career and Technology involved in the production of lenses and printed circuit boards for the new iPhone. In addition, the company Foxconn, engaged in the Assembly of the iPhone, continued to cut costs, which also confirms the decrease in orders from Apple.
After the first restriction orders our iPhone XS iPhone XS iPhone Max XR Apple shares have fallen seriously in price. It is expected that investors will react to the new phase of reducing the production of new smartphones in the same way. The value of Apple stock will negatively affect today’s statement by US President Donald trump about the country’s readiness to impair trade relations with China, which the iPhone may increase by 25%.