Apple has recently announced that it would no longer share iPhone sales numbers during its earnings reports, and while this decision makes sense at first glance, it looks like it’s all happening for a good reason.
Analysts believe iPhones may have reached their saturation point and the only way they can go now is down. And unfortunately for the Cupertino-based tech giant, the latest reports on the iPhone front seem to suggest the decline has already started.
Specifically, information that made the rounds earlier this week suggested that Apple no longer wants to expand iPhone XR production at Foxconn and Pegatron plants due to sales that are lower than anticipated. People familiar with the matter indicated Foxconn might produce 100,000 fewer units that Apple estimated it would need to reach iPhone XR demand.
Further production cuts?
But as it turns out, it’s getting worse. In a <a href="https://appleinsider.com/articles/18/11/07/iphone-xr-producti… (read more)
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There doesn’t really seem to be any reason to get the XR so I’m not surprised they’ve had to start decreasing production of it because there’s no demand… I mean just look at the specs. If you’re wanting to spend less money, you might as well just get an iPhone 7 or 8 and save even more money while getting similar features. And if you want the nicer specs, you might as well spend a little extra and get one of the top end models (XS and Max). The XR is just in this weird middle area where it’s not really a high end model, but not really a budget model either.