For the iPhone 13 release, Apple warns of a weak question

Bloomberg News reported on Thursday, Apple Inc has reported that requests from parts manufacturers for the release of the iPhone 13 have slowed down, a move that underscores the declining demand among consumers for the much-coveted new upgrades. The report says that the company has cut production of the iPhone 13 by as much as 10 million units, down from a total of 90 million, due to a global shortage, but now it has told retailers especially the that number is not possible.

Apple shares fell over 3%, pulling down the iPhone and Qualcomm semiconductor manufacturers, Skyworks, ASML Europe and Infineon.

Apple and its suppliers did not respond to Reuters requests for comment.

The holiday season is Apple’s biggest quarter and usually, for the most important product, iPhones, which start at US $ 699 and as high as US $ 1,600.

Analysts have expected demand to remain stable for new markets, but drop rates as supply-demand issues weigh heavily on the company and many retailers face inventory shortages.

Consumers, hovering over new phones and laptops during the high-flu epidemic as they indoors, spend more on vacations and outdoor activities.

“As the locks tighten, spending back on these experience services, so you can reduce for the new iPhone. We believe the demand (iPhone) is likely to push in 2022, ”said Counterpoint Research Analyst Tarun Pathak.

IDC analyst Ryan Reith believes it is not as much as the demand for dry smartphones, but US consumer spending is slowing down due to the pandemic.

Apple Corps chief executive Tim Cook warned in October that the impact of supply constraints, which cost the company $ 6 billion in sales in the fourth quarter, would worsen during the holiday quarter even as demand for a new launch intensified.

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