A demonstration of the newly released Apple iPhone XR is seen following the product launch event at the Steve Jobs Theater in Cupertino, California, US September 12, 2018. This has led the company to cancel a so called "production boost" for the model.
According to a report by Nikkei Asian Review, the Cupertino, California based company has asked its top smartphone assemblers- Foxconn and Pegatron- to halt the production lines dedicated to the low-priced iPhone.
Apple has informed several of its suppliers that expectations should be tempered for orders of the Apple iPhone XR. The reduction is to affect around 100,000 units per day, which will no longer be produced.
Other smartphone manufacturers Samsung and LG also suffered. They are "suspending plans to ramp up production and awaiting further instructions from Apple".More news: Tenshin Nasukawa Confirmed For Rizin 14
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It retains the key advances of the first iPhone X - facial recognition and an edge-to-edge display - but is cheaper while being noticeably larger at 6.1 inches.
Apple had asked Wistron, one of its smaller manufacturing partners, to "stand by" in case iPhone XR demand exploded. The company suggested it would miss analysts' earnings targets for the usually busy holiday season, with demand in emerging markets lower than expected. Apple is still selling the previous generation iPhone and is now producing it again in larger quantities. Those in Bermuda, who have an average monthly salary of $5,500 (the highest of all the countries BankMyCell examined) can afford an iPhone XR in just 3.8 working days.
Apple said it would stop providing unit sales for iPhones, iPads, and Macs in fiscal 2019. Other reason might be that Apple doesn't want investors and customers to keep on waiting for another successful 2015 when the company reached 231.22 million units sold.