Apple's iPhone production cuts send part suppliers reeling

Both second and first-tier Apple analysts have trimmed their iPhone sales forecasts on account of the order cuts that are apparently going on at suppliers. They have revised their Apple stock price suggestions down as headwinds from the US trade war with China, currency fluctuations, or simply people's renewed preference for older, cheaper iPhone models are taking their toll on Apple's supply chain.

The iPhone XR sales predictions from famed analysts Ming-Chi Kuo were just revised downwards by the whopping 30%, for instance, and many other research shops have confirmed the ...

Tuesday 13 November 2018 GSM ARENA GSMArena.com