Apple Struggles With iPhone XR Demand And Cuts Back Production
https://wccftech.com/apple-iphone-xr-production-cut/
As we’re starting to settle down after Apple’s quarterly and annual earnings release last week, it’s looking as if there’s trouble in the iPhone world. At its latest earnings report, not only did Apple (NASDAQ:AAPL)share less-than-optimistic forecasts for its first quarter of 2019, but the company also announced its intention to stop sharing figures of iPhone units shipped. Now, it’s looking as if the latter decision might be related to some market problems. Take a look below for more details.
Prior to Apple’s 2018 iPhone launch, the rumor mill correctly predicted that the Cupertino tech giant will launch a new entry-level iPhone with a 6.1″ LCD panel. Apple has struggled to incite older users for an upgrade, and the iPhone XR was expected to fulfill this purpose. However, the Japanese Nikkei is out with a fresh report today, which suggests that things might not be going as planned for Apple.