Apple Cuts iPhone 16 Production by 10 Million Amid Shifting Consumer Demand
According to Kuo, the order cut was due to a worse product mix expected in the first half of 2025 and uncertainty about iPhone revenues. This comes in line with expectations of the release of the iPhone SE 4, which, although usually cheaper, does not receive an annual update, which might change the balance in the market.
During Apple’s recent annual iPhone event, where the company announced its new iPhone 16 series, it also unveiled a slew of ...
The Rosenblatt analyst reiterated a Buy rating on Apple with a target price of $261. Smartphone upgrade rates for Verizon, AT ...
Apple shares fell 2.2% on Wednesday as investors took in headlines about iPhone 16 orders and a preview of new artificial ...
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Apple is set to report earnings. Read why, when reviewing key items such as iPhone shipments and subscription revenue growth, ...
Ahead of the debut of Apple's private AI cloud next week, dubbed Private Cloud Compute, the technology giant says it will pay ...
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