https://wccftech.com/apple-telling-suppliers-to-reduce-component-orders-for-iphone-2018-lineup/

A brand new report claims that Apple has instructed its component suppliers to make around 20 percent fewer parts for iPhones in the second half of the year. Sources familiar believe the plan is for the upcoming iPhone range, which will include the iPhone X successor, the iPhone X Plus and the iPhone 9.

Based on two industry sources, Nikkei via Reuters stated that Apple is expecting 80 million of the upcoming iPhones to be shipped this year and while those are a lot of shipments, that is 20 million less than the shipments planned last year during the same time period. One of Apple’s key suppliers warned about a slowdown in sales in April and sure enough, this made investors panic and the market capitalization of Apple dropped by $60 billion in just two days.