Apple is cutting its production plan for new iPhones by about 10 percent for the next three months, the Nikkei Asian Review citing sources familiar with the matter. Apple late last month asked its suppliers to produce fewer of its new iPhones than planned for the January-March quarter, sources told the paper. It is the second time in two months that the company has trimmed its planned production for the flagship device.
The request was made before the company's warning on 02 January of lower than expected revenues in the December quarter.
The latest revision to future production applies to all new iPhone models -- the XS Max, XS and XR, sources familiar with the matter said. Under the revised plan, overall planned production volume of both old and new iPhones will be reduced to about 40-43 million units for the January-March quarter from an earlier projection of 47-48 million units.
This decline would represent a year-on-year contraction of more than 20 percent from the 52.21 million units Apple sold in January-March 2018. But the size of the actual decline may differ somewhat, due to existing inventories and fluctuations in demand. In its last earnings call, Apple said it will stop disclosing iPhone shipments starting from the October-December quarter.
The Nikkei said Apple could not be reached for comment on the information.
