Apple will cut the production of iPhone and Airpods.
Apple will cut the production of airpods and its iPhone model that is due to expectations that inflation will result in a lower demand for technological products.
The technology giants told suppliers that they intend to reduce production orders for its iPhone model by about 20% of what previously planned – an abbreviation of about 2 to 3 million units – in the next quarter, and has Reduced orders for its airpods with more than 10 million units in 2022,
According to the media, the economic pressure stemming from Russian aggression of Ukraine and the international reaction to it have encouraged this measure.
Sanctions against Russia not only have mutilated the country’s own economy, but also shaken the global offer of some goods, creating instability in energy and cereal markets.
With an acceleration of inflation expected as a result of aggression, consumer demand will be curbed in the technology industry.
