Wed. Aug 17th, 2022

Apple had planned to make 90 million iPhone 13 this year. However, Apple has to move away from the plan without getting the desired demand from the buyers.

After Bloomberg released such information, the question has arisen as to whether the popularity of iPhone is declining. Originally, in the last few years, the smart device giant Apple released an average of 75 million iPhones in the market However, the company had planned to release more than 1.5 crore units of iPhone in one push this year. But Apple has to make new plans without getting increased customer demand.

Apple has already set a target of 80 million units for the new iPhone this year instead of 90 million units. The company wants to make up for the loss next year.

Apple chief executive Tim Cook says the cost of producing quids has risen sharply in their factories in Southeast Asia. The problem is exacerbated by the chip crisis. And as a result, Apple’s revenue has decreased by about six billion dollars in the last quarter. In the last quarter of this year, a bigger push is expected in terms of income.

Analysts say Apple may not buy the expected parts from suppliers as demand for the new iPhone declines. As a result, the business of those who make various parts for Apple products is also at risk. If Apple doesn’t turn around with the iPhone in the first quarter of the new year, the company could face huge financial losses.

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