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Sharp Leads Apple Suppliers Lower on IPhone Output Cut Report
Normally in cases like this it means that the product has reached its end of life. It still seems odd to me that a 64GB isn’t available; because of this, I’d rather see Apple offer the “iPhone 7 Plus” in 64GB, 128GB, and 256GB. Normally those would come out in October, but it has been rumoured that Jobs’ Mob is releasing them halfway through the year instead. Shares of iPhone suppliers closed down in Asia trading, including Foxconn, Pegatron, TDK, and Alps Electric.
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Apple could decide to scale things up even further when it comes to their internal storage options for the iPhone 7 Plus by also offering 32 GB and 128 GB variants, though this remains unconfirmed.
Despite a holiday shopping season that saw Apple break records for apps and in-app purchases, the company is reportedly seeing a slower short-term market for some members of its iPhone family.
It’s a move that’s seen by analysts as a signal of slowing demand for Apple’s latest devices – the iPhone 6S and the 6S Plus. He said that Wall Street was bracing for a cut but the magnitude was a bit more worrisome.
Apple, which usually intimates its projections of its requirements to makers in advance, has cut its order forecasts to iPhone suppliers in the past several months, WSJ said, quoting three people familiar with the company’s supply chain.
Those layoffs are likely linked to iPhone sales, analysts told the newspaper.
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Since early December, about one-third of analysts tracked by Thomson Reuters have trimmed their estimates for Apple. Apple has turned its attention to the profitable China market, where sales of iPhones have grown 65 percent year-on-year. Reduced production will continue through the January-March period, as retailers will be expected to use their current inventories to reduce the stockpile of iPhone’s, before inventories are expected to return to normal during the April-June period.