Apple trims new iPhone output by three million units as demand cools

The company and its suppliers now aim to make 87 million devices or fewer, compared with a target of 90 million units earlier, the people said, asking not to be named discussing private information. — AP

Apple Inc expects to produce at least three million fewer iPhone 14 handsets than originally anticipated this year, according to people familiar with its plans.

The company and its suppliers now aim to make 87 million devices or fewer, compared with a target of 90 million units earlier, the people said, asking not to be named discussing private information.