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
-
Ghanaian delegates at IYF 2026 could become bridges for stronger Russia ties – John Aggrey
3 minutes -
Nigeria: Over 30 dead, 50 hospitalised after consuming alcoholic substance in Ondo State
5 minutes -
UK lawmakers demand new law to address AI threat to human rights
15 minutes -
WAFU B U-17 Girls Cup: Black Maidens depart Accra for tournament in Yamoussokro
15 minutes -
Sweden’s center-left bloc narrowly ahead as election remains too close to call
25 minutes -
GPL 2026/27: ‘We won ugly’ – Kotoko head coach unimpressed after Lions victory
28 minutes -
7 out of 10 human trafficking cases in Ghana never reach prosecution — JoyNews Research
44 minutes -
Music, football to converge at Music Meets Football Summit 2026 in Lusaka
49 minutes -
Putin invites young global leaders to partner with Russia in shaping future world order
50 minutes -
Putin calls for ‘just world’, says every nation must be free to choose its own path
57 minutes -
IFY 2026 food festival to serve 20,000 meals showcasing global cuisines in Russia
1 hour -
Ghana has a Domestic Violence Act: But can a victim afford to use it?
1 hour -
Young artists from 100 countries showcase works at IFY 2026 in Russia
1 hour -
Russia opens neo-Nazism exhibition at International Festival of Youth 2026
2 hours -
‘Let’s change the world together’ – Putin tells young people
2 hours