Apple Cuts iPhone SE Production, Report Says

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Summary

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.

  • Source: CNet
  • March 30, 2022
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