06-01-2016 10:47 via financialexpress.com

Apple expected to cut iPhone 6S, 6S Plus production: Report

As inventories of the iPhone 6s and 6s Plus have piled up since they were launched last September, production will be scaled back to let dealers go through their current stock. (Reuters) Apple Inc is expected to cut production of its latest iPhone models by about 30 per cent in the January-March quarter due to mounting inventories, the Nikkei reported, rattling the nerves of investors in the US giant’s Asian suppliers.
As inventories of the iPhone 6s and 6s Plus have piled up since they w
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