Apple analyst Kuo says company cut iPhone 16 orders 10 million units
A series of iPhone 16s on display inside the Apple store at Tun Razak Exchange in Kuala Lumpur, Malaysia, on Sept. 20, 2024.Annice Lyn | Getty Images News | Getty ImagesApple shares fell about 2% on Wednesday after industry supply chain analyst Ming-Chi Kuo said the company has cut orders for the iPhone 16 by about 10 million units for the fourth quarter of this year and the first half of 2025.Kuo said most of the cuts affect the regular iPhone 16 instead of the iPhone 16 Pro models, which have nicer displays and better cameras and have been more popular with consumers."As a result, iPhone 16 production for 2H24 is now estimated at 84 million units," Kuo wrote, noting that his estimate is down from about 88 million units.Stock Chart IconStock chart iconApple sharesKuo now forecasts Apple p...










