Apple Cutting iPhone X Production In Half, Report Claims

Share

Apple will cut its iPhone X production target for the first three months of the year by half to around 20 million units, Nikkei reported on Monday, sending its shares down 1.6 per cent.

According to a report in Nikkei Asian Review on Tuesday, the Cupertino-based giant has notified suppliers that it had made a decision to cut the iPhone manufacturing by 50 per cent owing to slower-than-expected sales in Europe, the USA and China. There are indications that the original iPhone X could reach its end of life around mid-2018 and this effective means that new iPhones could be in pipeline. It comes with a rectangular battery, costlier than the ones used in the iPhone 8 Series, but less expensive than the one used in iPhone X. Unimicron is going to supply the batteries required for this model.

Apple iPhone X is the first major redesign for iPhone in almost four years.

Who could have seen that one coming?

Nikkei also notes that the inventory for the iPhone X is "starting to rise", after a period of shortages.

Apple is scheduled to report its first-quarter results this Friday AEDT. After closing down 2 percent today, they've fallen more than 5 percent since January 22 before the first reports, vaporizing more than $46 billion in market value.

"We think the firm will do all it can to avoid repeating the mistake of a shipment delay [like on the iPhone X] for the three new models". While the handset should have a more powerful processor compared to the original iPhone SE (possibly the Apple A10 Fusion found inside the iPhone 7 series), it may not offer stuff like Face ID or wireless charging.

Recently, Kuo revealed a few key details about the upcoming 2018 iPhone lineup.

There have been rumors swirling about the iPhone SE getting an update sometime in 2018, but KGI Securities analyst Ming-Chi Kuo has thrown some cold water on those fires.

According to a research note obtained by MacRumours, Apple will release three new iPhones - a new entry-level device and two sequels to the iPhone X dubbed the "iPhone XS" and "iPhone XS Plus". Unlike many online publications, we don't have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.

Share