UPDATE 1-Apple drops plan to boost iPhone production as demand falters-Bloomberg (Yahoo! Finance: Company News)

Yahoo! Finance: Company News
UPDATE 1-Apple drops plan to boost iPhone production as demand falters-Bloomberg – Apple Inc is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, Bloomberg News reported on Tuesday, citing people familiar with the matter. The company told suppliers to curtail efforts to increase assembly of its flagship iPhone 14 product …

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