Apple said to be cutting production orders for iPhone XS and iPhone XR
Apple is reportedly asking suppliers to slowdown production of the iPhone XS and iPhone XR according to sources close to Apple’s supply-chain who note due to weaker than anticipated sales of the new iPhone models, component orders have been slashed, reducing manufacturer revenue and adding to the speculation that the iPhone XS and iPhone XR isn’t turning into the big hit everybody had expected it to be.
According to the Wall Street Journal, Apple has supposedly found it hard to accurately predict demand for its three model lineup amidst an overall slowdown of the global smartphone market, alongside a seemingly-weak demand from the Chinese market.
Leading into the holiday shopping season Apple’s cheapest iPhone model out of the three introduced in September, the iPhone XR, was due to receive a production boost, however suppliers have noted that the planned speed-up in production has been cancelled, leaving many manufacturers’ revenue weaker then originally forecasted.
An anonymous source told the Wall Street Journal that, “Growth fixes a lot of sins. When it slows, rocks start to show up in the bottom of the ocean.” They also claim that, “doing business with Apple is very risky as it often reverses what it has promised.”