As iPhone sales drop, Apple reportedly asked suppliers to cut their component prices

As if we needed more confirmation that iPhone sales aren't doing as well as analysts expected, an index of 19 Apple suppliers tracked by Nikkei, is showing a revenue slump for the first time since 2016.

The Taiwanese company Catcher that makes the metal frames for the iPhone X, had a disastrous 28% decrease in December revenue and the iPhone camera lens maker Largan Precision managed to beat it with 33.86% drop in sales then.

The revenue of Apple's chief assembler - Foxconn - fell 8.27% in December from the same period last year, too, which the company ...

Monday, 14 January 2019 GSM ARENA GSMArena.com