Apple reports potential iPhone 16 production cut by three million units
Barclays report suggests that Apple may have cut iPhone 16 production by three million units, with a key semiconductor partner affected by the order cuts. This follows their analysis of shorter wait times and potential demand issues for the latest iPhone model.
Analysts at Barclays report that Apple may have cut iPhone 16 production by three million units based on supply channel checks. They suggest a 15% decline year-over-year for the iPhone 16 launch and note that iPhone shipments are on track for 51 million units for the September quarter. However, the December quarter looks increasingly at risk due to recent order cuts.
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