Aapl Falls 2 On Report Of Slashed Iphone Xr Production But Claim Questioned
Nikkei has run a report suggesting that Apple has instructed its suppliers to reduce iPhone XR production, reflecting lower-than-expected demand. The report has seen the stock fall almost 2% in pre-market trading, adding to last week’s 6% fall on weaker-than-expected guidance and nervousness around the company no longer reporting iPhone sales numbers … Nikkei reports ‘disappointing demand’ for the latest iPhone to go on sale. The piece implies that more people than expected are opting to save money by buying the older iPhone 8 and iPhone 8 Plus models instead of the XR....