December 6, 2023

An analyst believes Apple is slashing iPhone 15 manufacturing, one other indication of weak demand and ongoing provide chain points.

In keeping with a memo by analyst Jeff Pu, seen by 9to5Mac, Apple expects to ship 77 million iPhone 15 items, down from earlier estimates of 83 million. One of many reported points was Apple’s “demand issues.”

As well as, there are additionally provide chain points, with Apple reportedly struggling to safe sufficient of the titanium frames, Sony digicam sensors, and the show parts.

Apple has not too long ago been touting its companies enterprise, and the iPhone 15 information is an effective instance why the corporate is keen to diversify past {hardware} gross sales and cycles.