Apple Reduces Orders for 2018 iPhone Trio by 20%

Despite signs that Apple is aiming for the sky with the 2018 iPhone lineup, which is supposed to help the company touch the $1 trillion market cap, a new report today reveals that the firm actually ordered fewer units of the new generation as compared to its predecessor.

Nikkei writes that orders have been lowered by as much as 20 percent for the iPhone trio due in September. A total of 100 million units were ordered last year when Apple was working on the iPhone X, iPhone 8, and iPhone 8 Plus, so the company dropped to 80 million units for the 2018 generation.

This year, Apple is expected to unveil three different iPhone models, one of which was supposed to sell better than the others and specifically contribute to the super-cycle that Apple anticipates.

The new lineup could include a 5.8-inch model that would serve as a direct successor to the iPh… (read more)

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