iPhone 8 Production to Fall by Almost 50% in November and December

iPhone 8 Production to Fall by Almost 50% in November and December

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Apple to halve iPhone 8 and iPhone 8 Plus production already.webp

According to a new report in China’s Economic Daily News, via Reuters and MacRumors, Apple has already requested that its suppliers cut iPhone 8 and iPhone 8 Plus production by almost 50 percent in November and December.

The information comes via an anonymous source that said that this is the first time in Apple’s history that Apple has cut back production of new iPhone models by so much and so soon after mass production started.

However, as has been said many times over the past few weeks, the main reason for slow iPhone 8 and iPhone 8 Plus sales is excitement over the iPhone X, which is expected to break sales records for Apple.
“Apple is taking the iPhone franchise to a whole new level with the iPhone X,” said analyst Brian White. “We continue to believe Apple’s stock will not only benefit from this iPhone cycle but also the company’s capital distribution initiative, attractive valuation, and potential new innovations.”

Source: iPhone 8 and 8 Plus Production Will Reportedly Drop Nearly 50% When iPhone X Launches
 
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