Apple is reducing the output of the latest iPhone models and AirPods earphones due to softening demand amid high inflation.
Apple has told its suppliers that it will cut orders of the iPhone SE by about 2 million to 3 million units, the iPhone 13 by about 2 million units, and the AirPods by about 10 million units due to lower consumer demand.according to Zacks Equity Research
. "The ongoing conflict has also compounded the year-long chip shortage, hindering various industries ranging from PCs to smartphones." Apple unveiled its latest generation of the iPhone SE, which costs $30 more than the previous SE model. It features an updated camera system, an A15 chip, and 5G capability — but the exterior design remains the same.
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