A report from Nikkei on Tuesday said that Apple is expected to cut iPhone 6S and 6S Plus production by 30% in the first quarter of 2016, with the publication citing excess inventories of the models. It remains to be seen though how much of a decline Apple witnesses in iPhone sales this year, and whether that's due to its competitors gaining its customers to simply saturated demand in the high-end segment of the market, analysts appear to think it's the latter.