Apple is reducing 20 percent of new iPhone production

Apple, on the verge of being promoted to the world's first trillion dollar company, decided to reduce its iPhone production for the next fiscal year. This decision will be effective for the new models of high-end iPhone X and iPhone 8 models. Recently Apple's spare parts providers ordered the supply of these models to be 20 percent less than the previous idea. Japanese trade journal Nikki told the news.

IPhone 8, 8 Plus and iPhone X's eight million units will be produced next year. The idea is that about two million units less. However, analysts are blaming the present situation of the smartphone market instead of Apple. Over the years, the demand for high growth has slowed down in recent years.Almost every major brand has failed to benefit from sales and profits at the same time. Apple is a unique exception in that case. However, the iPhone X's very high price and sales slowdown Apple has also raised the real conditions.