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Apple to cut iPhone, AirPods output amid Ukraine crisis, inflation: Report

The company plans to produce 20% fewer iPhone SEs - or about 2 million to 3 million units - next quarter than originally planned, the Nikkei newspaper reported

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Reuters
Apple Inc is planning to lower iPhone and AirPod production due to a demand slowdown caused by the Ukraine crisis and rising inflation, the Nikkei newspaper reported on Monday, citing sources briefed on the matter.

The company plans to produce 20% fewer iPhone SEs - or about 2 million to 3 million units - next quarter than originally planned, the report said. It added that Apple has also reduced 2022 orders for AirPods by more than 10 million units.

Apple, whose shares were down about 2% in premarket trading, did not immediately respond to a Reuters 
request for comment.

The news

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 28 2022 | 4:27 PM IST

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