Audio By Carbonatix
Apple will trim production of iPhones by about 10 percent in the January-March quarter of 2017, the Nikkei financial daily reported on Thursday, citing calculations based on data from suppliers.
The company had slashed output by 30 percent in January-March 2016 due to accumulated inventory, the paper said.
Apple's shares were down 0.84 percent in midday trading, in line with the Nasdaq stock index.
An Apple spokeswoman declined to comment on the report.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana not immediately threatened by fuel shortages – Energy Ministry
2 minutes -
Ghana records eight deaths, over 1,000 mpox cases since May 2025 – Health Minister
2 minutes -
X probes offensive Grok chatbot posts as AI safety concerns intensify
4 minutes -
Planet One announces TVET projects worth $327m in three West African countries
11 minutes -
UN Chief condemns attack on Ghanaian peacekeepers in Lebanon, demands accountability
17 minutes -
US-Israeli air campaign hits hundreds of military targets in new wave of Iran strikes
22 minutes -
Ghana must lead Africa in criminalising environmental destruction – Annoh-Dompreh
23 minutes -
US-Israeli war against Iran enters new phase with rise of hardline successor Mojtaba Khamenei
28 minutes -
Kofi Adu Domfeh honoured with Excellence in Climate Journalism and Advocacy Award
29 minutes -
WPL 2025/26: Hasaacas, Ampem Darkoa Ladies close in on another final
31 minutes -
Bole MP donates GHS200,000 to support teacher training college establishment
46 minutes -
Danyame Old Town residents face eviction on a land occupied for 200 years
49 minutes -
60% of our water bodies are polluted – Minority Chief Whip pushes Ecocide Law
50 minutes -
Gov’t distributes seized ‘galamsey’ water pumps to farmers to boost irrigation – Dumelo
56 minutes -
MC Abeiku Sarkcess ignites Sarkodie’s Rapperholic UK with high-energy command
1 hour