Apple to cut iPhone production in 2017 Q1

Reuters | Update:

AppleApple Inc will trim production of iPhones by about 10 per cent in the January-March quarter of 2017, the Nikkei financial daily reported on Thursday, citing calculations based on data from suppliers.

The company had slashed output by 30 per cent in January-March this year due to accumulated inventory, the paper said.

Apple's shares were down 0.84 per cent in midday trading, in line with the Nasdaq stock index.

An Apple spokeswoman declined to comment on the report.

Reader's Comment

 

Commenting is closed

Want to be annomymous
I am commenting by following the terms & condition of Prothom Alo
   
Editor & publisher: Matiur Rahman.
CA Bhaban, 100 Kazi Nazrul Islam avenue, Karwan Bazar, Dhaka 1215
Phone: 8180078-81, Fax: 9130496, E-mail: info@prothom-alo.info
 
UP