Apple Cuts iPhone SE Production, Report Says

Apple is reportedly cutting production of its 2022 iPhone SE. According to a Monday report from Nikkei Asia, the tech giant is telling suppliers to scale back production by 2 million to 3 million units, or about 20%, for the upcoming quarter.

The decision is said to be the result of lesser than expected demand for the $429 iPhone SE. Nikkei Asia cites the war in Ukraine and inflation as two of the possible reasons for the dip in people’s appetite for new smartphone purchases.