Apple cuts orders for the production of new iPhones

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Apple has recently encountered difficulties in predicting the required volume of production of components and smartphones against the background of unmet demand for new iPhones, The Wall Street Journal writes. According to sources, the company had over the past few weeks to reduce the volume of orders for the production of three new iPhone models - iPhone XS, XS Max and XR. Apple's weak sales during the holiday period have led some Apple suppliers to worsen financial performance forecasts.

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