In a new investor note seen by 9to5Mac today, analysts at Barclays report that Apple “may have just cut” iPhone 16 production by three million units. Based “recent supply channel checks,” the analysts say that these cuts were made at a “key semiconductor” partner for iPhone orders through the December quarter.
Barclays says that its “sell-through checks” suggest a 15% decline year-over-year for the iPhone 16 launch.
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Author: Chance Miller