Apple cuts iPhone production by 10 percent this quarter
 

Device activations still top holiday charts

Apple is expected to cut back its production of iPhone devices by about 10 percent in the first financial quarter of 2017 due to slower than expected sales, according to a Nikkei daily report filed on Thursday.

The information is based on the latest number data from the company’s suppliers, which says the decreased production output is a result of slower sales in the Q4 FY2016 financial quarter ending September 24th. Yet despite a slowdown in sales, the fruit-themed toymaker still managed to top the charts in terms of overall device activations at 44 percent, while Samsung placed second at 21 percent. The rest of the top global smartphone vendors placed below 5 percent, with Huawei in third at 3 percent.

http://fudzilla.com/news/42501-apple...t-this-quarter