The iPhone 16 and 16 Plus are facing underwhelming demand, and Apple has reportedly cut orders by as much as 10 million units between now and the first half of next year, according to the latest report from longtime Apple analyst Ming-Chi Kuo.
Total iPhone 16 series production for Q4’24 is now expected to gross 80 million units. That’s down from the previous estimate of 84 million, which itself was a decrease from 90-91 million units for the iPhone 15 series last year. The iPhone 16 series production is forecasted to drop to 45 million units in Q1 ’25 and 39 million units for…