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| Topic | iPhone X is officially a flop; Apple slashes production by half |
| The Admiral 01/30/18 11:08:47 AM #1: | https://finance.yahoo.com/news/apple-scales-back-iphone-x-waymo-buys-fiat-chrysler-vans-walmart-cracks-deliveries-155551342.html Apple (AAPL) is slashing production of its new iPhone X in a sign of weak demand for the $1,000 smartphone. According to the Wall Street Journal, Apple plans to make 20 million phones in the first quarter instead of the 40 million it initially planned. Apple will offer its first report on iPhone X sales when it reports earnings Thursday. It only took a $1,000 price tag, but looks like we finally found the point at which Apple consumers will push back against a mediocre product. --- - The Admiral ... Copied to Clipboard! |
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