iPhone XR Shipments Have Been Lowered, According to Monthly Revenue Figures of Apple’s Touch Solution Provider

iPhone XR Shipments Have Been Lowered, According to Monthly Revenue Figures of Apple’s Touch Solution Provider

5 years ago
Anonymous $L9wC17otzH

https://wccftech.com/iphone-xr-sales-down-due-to-gis-lowered-revenues/

As predicted, another Apple supplier has apparently been affected by the lower than expected sales of the iPhone XR. Although nothing has been said explicitly, the revenue posted for the month of November by the touch solution maker General Interface Solution (GIS) indicates that despite being the most popular model since launch, the iPhone XR isn’t doing that well.  According to some reports, the production of the affordable iPhone has been cut by up to a third.

GIS has reported revenues of $516.33 million USD for the month of November, which is up 5.6 percent on year, but down 12.1 percent monthly. Apparently, the underwhelming performance can be attributed to iPhone XR’s tepid reception in the market. According to some industry insiders, GIS was actually hoping that its revenue would go up in the last quarter of the year as a result of increased shipments of touch modules for the iPhone XR.