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Apple To Cut iPhone Production By 10%

Video Credit: Wochit - Duration: 00:33s - Published < > Embed
Apple To Cut iPhone Production By 10%

Apple To Cut iPhone Production By 10%

The Nikkei Asian Review is reporting that Apple is cutting iPhone production by 10% between January and March.

According to Business Insider, it is reportedly the second time in two months that Apple has trimmed production plans.

The revelation comes just a week after Apple shook global markets with its first earnings warning in nearly 17 years.

Apple blamed the slowdown on weakness in the Chinese economy and US President Donald Trump's trade war.

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