IPhone 8 and 8 Plus Production Will Reportedly Drop Nearly 50% When iPhone X Launches

Apple has reportedly asked its suppliers to reduce iPhone 8 and iPhone 8 Plus production by nearly 50 percent in November and December, according to Reuters, which cited China's Economic Daily News. The report quotes an unnamed source who claims it is the first time in the iPhone's history that new models face a major cutback so shortly after mass production began. iPhone 8 and iPhone 8 Plus officially went on sale September 22. Apple shares declined around 1.5 percent in pre-market trading...

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