• News
  • Money

Apple plans to make 20% fewer new model iPhones this year - Nikkei

Apple plans to make 20% fewer new model iPhones this year - Nikkei

New report from Nikkei says Apple plans to make 20 percent fewer new iPhone models this year.

The Nikkei Asian Review reported Friday that Apple has told component suppliers that it will build about 20% fewer units of new model iPhones in the second half of the year compared with the same period a year ago.

Apple may be anxious that its next iPhones won't be as popular as its last.

Additionally, Apple's suppliers were also affected by this, with the shares of Dialog falling 4.1 percent while those of AMS falling by 6 percent.

Apple did not immediately respond to a request for comment.

Apple shares dropped 0.9% to 191.70 on the stock market today. It's said that Apple placed orders for production of up to 100 million units of the iPhone 8, iPhone 8 Plus, and iPhone X but total shipments for the year are now expected to reach 80 million units.

Nikkei reported earlier the Cupertino-based company plans to launch three phones, two of them with an OLED panel, while one sticking with an LCD. US -based suppliers Advanced Micro Devices, Micron Technology Intel, Broadcom Inc and Qualcomm Inc were all down between 1 percent and 3 percent.

Apple is preparing to introduce three new iPhones in the fall, according to the report.

"As the improvements made to the iPhone each year become increasingly marginal it may become more hard to convince consumers to pay up for the latest model when an older generation device is effectively just as good", said Atlantic Equities' Cordwell.

"I am not overly concerned ... about the lower supply speculations", he said.

The iPhone has long served as Apple's biggest revenue driver.

Leave Your Comment

Leave Your Comment


Latest News

Breaking News



Recommended

'Earliest animal fossil footprints discovered in China'

According to the team, the animal appeared to have paused time to time as the footprints were connected to burrows. This new find is the first direct evidence of animals with appendages during the Late Ediacaran Period.

Ferrari under fire for confusing Toronto skyline for Montreal

Mercedes driver Lewis Hamilton would equal Michael Schumacher's record of seven victories in Montreal should he win this weekend. Williams F1 driver Lance Stroll , in his second season on the racing circuit, is in town for the big race.

Striker Kane signs new six-year contract with Spurs

Kane scored 30 goals in the Premier League this season, finding the net 46 times for club and country, as Spurs finished third. Kane is now the leading scorer in the Premier League era for Tottenham after surpassing Teddy Sheringham's total of 97.

Trump calls for Russian Federation to be readmitted to G7

Canada has made ridding the world's oceans of plastic pollution a signature issue and it is a central theme of the summit. It spun a disorienting smoke bomb into a G7 summit that was turning into a gang-up on the U.S.

Keys defeats Putintseva, reaches French Open semis

Asked to rate her fellow American's chances, Keys replied: "I think it's going to be an incredibly tough match". On the other hand, Stephens comfortably defeated wily Russian Daria Kasatkina 6-3, 6-1.

United States soldier killed, 4 others wounded in 'enemy attack' in Somalia

A fourth servicemember suffered injuries minor enough to receive sufficient medical care in the field, AFRICOM said. The recent attack in Somalia comes as a challenging time for Special Operations Forces on the African continent.

President Trump Grants Clemency to Alice Johnson After Kim Kardashian Meeting

For more on Van Jones' interview with Kardashian, tune in to " CNN Tonight with Don Lemon ", starting at 10 p.m. After Trump commuted Johnson's sentence, Kardashian said that Trump called her personally to break the news.

Senate Democrats Look to Hammer GOP on Health Care

Republicans have tried endlessly to the repeal the Affordable Care Act since it was signed into law in 2010. Senate Republicans's priority in the midterms is trying to keep control of the chamber.

Anas Is The Most Wicked Person In Ghana - GFA Official

Ghana has dissolved its national football association, after its president, Kwesi Nyantakyi , was filmed apparently accepting a "cash gift".

Basketball: Golden State Warriors beat Cleveland to sweep NBA Finals

The Warriors lead this year's NBA Finals 3-0. "M-V-P! M-V-P!" His second homecoming had come to an end with just one title. James Worthy was on both of those teams - 1983 and 1989 - but didn't actually play in the first sweep because of injury.