https://thenextweb.com/apple/2019/01/09/apple-will-reportedly-manufacture-10-fewer-iphones-this-quarter/ > Last week, Apple‘s CEO, Tim Cook, sent a letter to the investors stating that the company expected to lose $9 billion in revenue in the first quarter of 2019. Now, according to a report from Nikkei Asian Review, the Cupertino-based company is cutting down productions for new iPhones by 10 percent for the current quarter. > The report stated that Apple asked its suppliers to reduce production for its flagship models last month – before it issued the earnings warning. That’s in addition to a similar move reported by The Wall Street Journal in November – making the recent development Apple’s second production cut in just a few months after the launch of the iPhone XS.