As for Wistron, Apple has asked the smaller iPhone assembler to stand by for rush orders, but supply chain sources claim the company will in fact receive none for the XR this holiday season.
Nikkei writes that the lack of innovation is hurting Apple.
Pegatron has already solved the issue of labor shortage at its plants in China and has made prompt shipments allowing its major brand client to start delievering its new smartphone models in late October, according to company chairman TH Tung.
Apple told its main phone assemblers, Foxconn and Pegatron, to stop plans for additional iPhone XR production lines, a report said Monday.
Amazon will open separate HQ2 locations in 2 different cities
Amazon's shortlist of potential second headquarter sites appeared to get smaller over the weekend. Both the city and county plan to appeal that decision.
Three takeaways from Real Madrid’s 2-0 win vs
Solari is now the interim manager at the Bernabeu after the sacking of Julen Lopetegui following their 5-1 humbling in last week's El Clasico .
Samsung Foldable Phone: Yeah, It's Probably Happening
According to a recent Bloomberg report, design of the foldable phone, codenamed victor , hasn't been yet finalised. Chinese startup Royole is beating Samsung and everybody to the punch to produce a foldable smartphone .
Although Apple never said as much when it launched the Apple iPhone XR in September, its fairly obvious the device is meant to be more a direct competitor with the Android market. The move will reduce total possible iPhone XR production by 100,000 units per day over the next few months, according to the report. It's possible, for instance, that overall iPhone demand is down and Apple is reducing its production costs. In Foxconn's case, it prepared 60 production lines for the iPhone XR, but so far has only used 45.
Other iPhone manufacturers face similar issues. The math makes sense, as they are up to 20% cheaper than the iPhone XR's starting price of $749. Originally Apple had ordered 20 million of the last generation model but has since raised the order to 25 million.
Ives reaffirmed his $310 price target for Apple's stock, representing more than 50% upside to the current stock price. During that call, Apple also - for the first time ever - neglected to give iPhone sales numbers for the quarter.