• Apple tanks after reportedly cutting production of its 3 newest iPhone models amid waning demand

    21 days ago - By Business Insider

    Apple has cut productions orders for all three iPhone models launched in September, according to the Wall Street Journal.
    A handful of iPhone suppliers last week cut their outlook, citing a drop in demand from one of their biggest customers.
    Earlier this month, the smartphone giant reported underwhelming iPhone sales and said its holiday quarter would be on the low end of expectations.
    Shares have been under pressure recently, down more than 20% from its October peak.
    Watch Apple trade live.
    Apple is sliding, down 4% on Monday, after a report said the company recently cut productions...
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  • Analysts: iPhone Sales Panic is 'Overblown'

    Analysts: iPhone Sales Panic is 'Overblown'

    21 days ago - By Tom's Guide

    A report claims that Apple is cutting production orders on its latest iPhones. But that doesn't necessarily mean the company's smartphone business is headed for a fall.
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  • Reports of iPhone order cuts overlook a few key issues

    Reports of iPhone order cuts overlook a few key issues

    22 days ago - By TheBoyGeniusReport

    The chorus of reports regarding a drop in iPhone orders continues to grow louder. While we previously saw reports claiming that Apple recently slashed its orders for the iPhone XR amidst lower than anticipated demand, The Wall Street Journal is now reporting that Apple in recent weeks told its manufacturing partners to trim orders across all models of its 2018 iPhone lineup.
    Now is this a reason to panic or a serious cause for concern? Truthfully, it's too soon to tell. As the Journal casually suggests, the issue may not solely be related to a sudden drop in demand as much as it may center...
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