Published on 13 Oct 2021 on Benzinga via Yahoo Finance
Apple Inc (NASDAQ: AAPL) is trading lower Wednesday on reports the company may cut iPhone production by 10 million units.
According to reports, Apple might be cutting its production schedule for the iPhone 13 as a result of supply chain constraints caused by the chip shortage. The company originally aimed to produce about 90 million iPhones in the quarter.
Start tracking your investments with StatfolioSign up for free