The Cupertino giant – Apple- has slashed the production orders for three iPhone models recently launched in September this year, pointing out that the models were not doing as well as anticipated, the Wall Street Journal reported on Monday.
On Monday morning, the Wall Street Journal reported that Apple cuts production orders for iPhone XS and iPhone XR amidst an overall slowdown of the smartphone market and the company’s decision to introduce more models has made it hard for the company to understand the number of components and handsets the company requires. In this regard, iPhone’s major assembler Foxconn has also reduced its available overtime hours.
As per the Journal, Last week, Apple told several suppliers that it reduced its production plan again for iPhone XR.
The company launched its latest phone generation, the iPhone XS and XS Max, in September and the XR model in October.
Earlier this month, Apple informed that it will not offer reports on the sale of its units i.e iPhone, iPad and Mac starting from the December quarter. The moves come when Wall Street reported that Apple missed iPhones sales expectation while the average price of its iPhones is reaching the highest value ever. In other words, iPhone’s sale might continue to decrease but it won’t have a huge effect on the company’s revenue as the price of iPhones is soaring.