Wait what???? Aren't we in a recession?? Don't we need MORE iPhones on the market to have a glut and lower prices???
I don't understand WHY would you lower production heading into a recession???
OH WAIT RIGHT BUSINESS 101....MARGINS.....LOL
It is painful listening to the millenials who have ZERO clue about margins....LOL
https://www.bloomberg.com/news/articles/2022-09-28/apple-iphone-14-sales-not-strong-enough-to-trigger-production-boost Apple Ditches iPhone Production Increase After Demand Falters Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the matter