Apple slashes production as consumer spending drops ...News

The manufacturer will curtail output of the iPhone 14 Plus amid slowing demand, a market researcher says US tech giant Apple will cut back the assembly of the recently launched iPhone 14 Plus to counter softness in smartphone sales, market researcher TrendForce reported on Tuesday. The company will reportedly focus instead on high-end models. According to the report, the manufacturer will increase output of the more expensive iPhone 14 Pro, the share of which has increased to 60% of total output from the initially planned 50%. It could reportedly further rise to 65% in the future. The researcher indicated that App

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Last updated : 26 October 2022 clock 09:05 AM

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Apple slashes production as consumer spending drops ...News

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