Apple rumored to already cut production of iPhone 15 series

Apple is yet to launch the most-awaited iPhone 15 series on the user ground but the latest information hints that the company has already started cutting production of new devices. However, there could be some reasons behind this matter.

According to the information, the American tech giant is expected to build at least 77 million iPhone 15 units by the end of 2023. Notably, this count was more than 83 million. Although the company is reportedly cutting the production of the Apple iPhone 15 series.

It could be due to supply chain issues which are likely to affect the mass production of the iPhone 15. At the same time, the tech giant has slightly adjusted the sales estimates due to demand concerns.

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Anyhow, the build plan cut before launch isn’t a positive signal, and the potential price hike for iPhone 15 Pro Max could also dampen the end demand.

(Via)