Apple drops plan to boost iPhone production as demand falters-Bloomberg - Reuters

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Sept 27 (Reuters) - Apple Inc is dropping plans to summation accumulation of its caller iPhones this twelvemonth aft an anticipated surge successful request failed to materialize, Bloomberg News reported connected Tuesday, citing radical acquainted with the matter.

The institution told suppliers to curtail efforts to summation assembly of its flagship iPhone 14 merchandise household by arsenic galore arsenic 6 cardinal units successful the 2nd fractional of this year, Bloomberg reported.

Instead, the Cupertino, California-headquartered institution volition purpose to nutrient 90 cardinal handsets for the period, astir the aforesaid fig arsenic a twelvemonth agone and successful enactment with Apple's archetypal forecast this summer, the study said.

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The iPhone 14, iPhone 14 Pro and iPhone 14 Pro Max are displayed astatine the Apple Fifth Avenue store, successful Manhattan, New York City U.S. September 16, 2022. REUTERS/Andrew Kelly

Apple did not instantly respond to a Reuters petition for comment.

Demand for the higher-priced iPhone 14 Pro models is stronger than for the entry-level versions and astatine slightest 1 Apple supplier is shifting accumulation capableness from lower-priced iPhones to premium models, Bloomberg reported.

Apple had this week said it would commencement manufacturing the iPhone 14, launched earlier this month, successful India, arsenic the tech elephantine moves immoderate of its accumulation distant from China. work much

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Reporting by Jahnavi Nidumolu and Juby Babu successful Bengaluru; Editing by Rashmi Aich and Savio D'Souza

Our Standards: The Thomson Reuters Trust Principles.

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