Home » Tech

Apple slashes iPhone XR production orders as demand fails to meet expectations

06 November, 2018, 11:12 | Author: Rafael Roberts
  • Open this

Apple's market capitalisation (M-Cap) or market value slipped below the $950-billion mark as shares of the iPhone maker fell, news agency Reuters reported. And as a result, Apple's suppliers have canceled plans to ramp up production of the device.

The report says Apple informed its primary suppliers - Foxconn and Pegatron - to halt plans for additional production lines for the iPhone XR. It's possible iPhone XR demand isn't meeting Apple's expectations, but exactly the reason that's happening is hard to determine.

Cutting corners: iPhone manufacturers are not able to make full use of their production capabilities and are closing down unneeded assembly lines.

Yet Nikkei is also reporting that while Apple may be choosing not to initiate extra reserved production lines for the iPhone XR, the company is boosting its production of the iPhone 8 and iPhone 8 Plus this quarter by an extra 5 million units.

It's too early to tell if the iPhone XR will have a similar fate as the iPhone 5C.

Meanwhile, Pegatron, which is another key partner of the Cupertino-based tech giant, has had to "suspend plans to ramp up production", now "awaiting further instructions", according to supply chain sources that are typically right about these things. At Foxconn, only 45 production lines of the planned 60 are now being used.


"This performance management feature is specific to iPhone and does not apply to any other Apple products".

Tied to this is the unexpected news that demand of the previous-generation iPhone 8, which Apple still sells, has jumped.

Apple iPhone XS review - how does the experience compare to Android? And at a starting price of $749, it's the most affordable new iPhone on store shelves. But Apple last week, if you recall, announced that they would no longer disclose iPhone sales as part of their quarterly reports.

This information may help explain why Apple provided a dim forecast for iPhone sales in the current quarter.

Apple said it would stop providing unit sales for iPhones, iPads, and Macs in fiscal 2019.

Recommended:

  • The First Foldable Smartphone is Here & It Isn't Samsung

    The First Foldable Smartphone is Here & It Isn't Samsung

    It looks like a real clunker, but these first-generation devices are usually the first step toward a viable screen device. According to a recent Bloomberg report, design of the foldable phone, codenamed victor , hasn't been yet finalised.
    EL Chapo trial jury selection begins in Brooklyn

    EL Chapo trial jury selection begins in Brooklyn

    The only visitors he is allowed are his lawyers and twin, seven-year-old daughters, from whom he is separated by thick glass. Jury selection will be conducted in security conditions reserved only for the most risky defendants.
    Henry Levy Photos, News and Videos

    Henry Levy Photos, News and Videos

    According to a source cited by the publication , " Demi looked great and so happy to be out". She seemed happy and healthy. "She was very relaxed and at ease".
  • Steelers Week 11 game with Jaguars flexed out of primetime

    Steelers Week 11 game with Jaguars flexed out of primetime

    Four other games have been protected by CBS, meaning they can not be flexed out of their current time slot. Chicago now leads the NFC North at 5-3, a half-game in front of Minnesota, which has a bye this week.

    Liverpool’s Clyne to miss Red Star clash through illness

    Meanwhile winger Xherdan Shaqiri will not travel will the squad for fear that his inclusion may provoke the Belgrade supporters. Politics always has always influence on life, on the life I live at least, and that's how it is.
    Kohl's will open stores for Black Friday on Thanksgiving Day (KSS)

    Kohl's will open stores for Black Friday on Thanksgiving Day (KSS)

    Today, more than 30 million guests use Cartwheel, and since its inception in 2013, guests have saved more than $1.3 million. For every $50 you spend between November 19-23, you'll get $15 Kohl's Cash, which you can redeem November 24-December 5.
  • Tom Brady of New England Patriots, Aaron Rodgers of Green Bay Packers

    Tom Brady of New England Patriots, Aaron Rodgers of Green Bay Packers

    Aaron Rodgers (12) and the Green Bay Packers head to New England to take on Tom Brady and the Patriots . Starting with Brady - the California kid who was drafted 199 of the 2000 National Football League draft.
    No back-to-back games for Leonard, coach says

    No back-to-back games for Leonard, coach says

    First off, even without Kawhi, the Toronto Raptors looked incredible in Sunday's contest against the Los Angeles Lakers . Nurse added after the game that he doesn't think the injury is serious, but Leonard will be re-evaluated on Saturday.

    NBC Airs Racist Trump Ad Nixed by CNN; Will & Grace Star 'Ashamed'

    Yet that didn't stop NBC , Fox News , and Facebook from running versions of the ad over the weekend. NBC said Monday that in its further review, it recognizes the insensitive nature of the ad.
  • Democrats seek blueprint for bucking Trump in 2020 — AP Analysis

    Democrats seek blueprint for bucking Trump in 2020 — AP Analysis

    If the Democrats win one chamber or both, Klain says, then Congress returns to being a check and balance on the president. Immediately, talk would turn to how the 2016 election was perhaps a fluke and to how Trump's divisiveness had backfired.
    China's Xi criticizes 'law of jungle' in veiled swipe at Trump

    China's Xi criticizes 'law of jungle' in veiled swipe at Trump

    Xi acknowledged some Chinese industries face "growing risks" but said efforts to shore up growth are already paying off. America has imposed tariffs on $250 billion of Chinese goods after President Trump accused China of unfair trade...
    Lowe's is closing 51 stores in the US and Canada

    Lowe's is closing 51 stores in the US and Canada

    Lowe's, which operates over 2,000 stores in North America, said the latest store closures would be complete by February. Lowe's says it is closing 31 locations, including 27 of its under-performing Lowe's and Rona stores across Canada.


Popular

Why Is Rebel Wilson Blocking Black Critics?
I wish you the best", Mo'Nique tweeted. "I support all plus size ladies and everything positive we are doing together". Mashable also reported that Wilson began blocking critics on Twitter , specifically critics of color.

Messi in Barcelona squad to face Inter Milan despite fractured arm
It will be a special match for me as I was in the youth academy at Barcelona but now I am at Inter and I think we can win. Of course it's necessary to get him back as soon as possible - it's always better if he's there.

Apple loses US$1 trillion status after soft holiday forecast
Global sales accounted for 61 percent of the total revenue, while services revenue touched an all-time high of $10 billion. Cook added that the company is also continuing its push into education, coding and environmental initiatives.

NASA’s Dawn asteroid mission ends as fuel runs out
Dawn missed scheduled communications sessions with NASA's Deep Space Network on October 31 and November 1. The Dawn orbiter has been flying around the dwarf planet Ceres for some time now.

Liverpool ace Shaqiri: Forget Stoke relegation - I'm a Champions League victor
Meanwhile winger Xherdan Shaqiri will not travel will the squad for fear that his inclusion may provoke the Belgrade supporters. Mr Klopp added that Shaqiri had accepted the decision. "We are keen to be respectful and keen to avoid any distractions".

Rihanna wants Trump to stop playing her songs at rallies
Earlier on Sunday, the singer endorsed Democrat Andrew Gillum in Florida's governor's race with social media posts . She wrote: "You have the opportunity to make history this election". "Let's #bringithome .

Gary Lineker sends message to Arsenal fans about Unai Emery
The Fiver: sign up and get our daily football email . "If you see this game, you can see we are ready for the top four". That means there's a time that it's not there and we all felt like, 'What the heck is here?' That's good.

Newlyweds Killed In Helicopter Crash After Departing From Wedding
The crash is under investigation by the National Transportation Safety Board. The crash occurred near Uvalde, about 85 miles (135km) west of San Antonio.

Spice Girls announce new tour for 2019
Only it's not as big as the world tour fans and press have been speculating about since February. Entertainment Tonight and The Sun first reported the news over the weekend.

Middleton Heights staff placed on administrative leave following controversial photos
Photos of Idaho school teachers dressed as a border wall and Mexican stereotypes are going viral online. He also offered our "sincerest and deepest and humblest apologies to our families, to our patrons".