Bloomberg reported that the American company, “Apple” decided to reduce the production of the flagship iPhone 14 phones and assemble a smaller number of 3 million phones than it previously expected.
Apple previously expected to produce 90 million smartphones. This indicator has now fallen to 87 phones. This is due to lower demand for the iPhone 14 and 14 Plus versions as they are cheaper alternatives to the Pro version.
The reason for the disappearance of the production plan is also due to the problems faced by the process of supplying smartphones from Chinese factories, for example (Chan Ju) factories, which produce the lion’s share of smartphones belonging to “Apple”.
iPhone 14 Pro and iPhone 14 Pro Max imports have declined due to the quarantine in China.
According to information received from “Bloomberg”, the shares of “Apple” fell 1.5 percent after the start of trading in New York, to $ 163.3 for one dollar.