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Apple cuts iPhone production amid fears of slowing demand

2016-01-10 16:52:42| Semiconductors - Topix.net

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.

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