Apple Reduces iPhone Production Increase After Demand Declines

Apple Reduces iPhone Production Increase After Demand Declines

Although demand for higher-priced iPhone 14 Pro models is higher than for the entry-level versions, overall, according to Bloomberg, Apple is reducing increased production of new iPhones: “Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the…

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