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Apple said to scale down orders for iPhones

Apple said to scale down orders for iPhones

January 6, 2016

Via: CIO
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Apple’s component suppliers are bracing for cuts in sales as the iPhone maker has apparently pared down its orders for the phones.Problems for Chinese iPhone factories were seen in the final two months of last year, when they had some surprisingly idle capacity, at a time when they would have been usually rushing to meet orders from Apple, reported the Wall Street Journal on Tuesday.

Apple, which usually intimates its projections of its requirements to makers in advance, has cut its order forecasts to iPhone suppliers in the past several months, WSJ said, quoting three people familiar with the company’s supply chain.

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