Apple to cut iPhone production in first quarter of 2017


Apple Iraqi National Congress can trim production of iPhones by concerning ten % within the January-March quarter of 2017, the Nikkei monetary daily reportable on weekday, citing calculations supported information from suppliers.

The company had slashed output by thirty % in January-March this year owing to accumulated inventory, the paper aforementioned.Apple’s shares were down zero.84 % in noon mercantilism, in line with the NASDAQ stock market index.An Apple spokesperson declined to inquire into the report.

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