Thndr Claps » U.S. Claps » Tech 📲 » Apple sees lackluster demand 📱
The ClapApple (NASDAQ: AAPL) is reportedly stopping plans to increase iPhone 14 production, as demand is not as high as initially anticipated.The DeetsApple is bailing on its plan to produce 6 million units in H2 2022, opting to stick to its forecast for production from last year.The iPhone 14 Pro saw higher demand than the other new phones, which could possibly shift Apple’s production to the Pro models instead.Why this MattersApple’s stock price fell by around 1.3% following the news, with its chip manufacturers also seeing drops in stock price.
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