28 September 2022 | Other

Apple backs off plan for iPhone production increase

Apple Inc. is not planning to boost production of new iPhones this year. The company expected demand to surge. However, the forecast turned out to be inaccurate.

The company addressed suppliers asking them to cut production of its flagship iPhone 14 line by 6 million units in the second half of the year. 

Company MarketCheese
Period: 01.03.2026 Expectation: 7500 pips
Investing in silver with $86 in sight
20 February 2026 44
Brent sell
Period: 28.02.2026 Expectation: 90 pips
Brent crude selloff with $71.30 target
20 February 2026 50
Brent sell
Period: 28.02.2026 Expectation: 550 pips
Brent crude is vulnerable to steep pullback on geopolitical de-escalation
20 February 2026 38
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 28.02.2026 Expectation: 1120 pips
Temporary surge in oil prices won’t stop AUDCAD’s long-term ascent
20 February 2026 30
Period: 31.03.2026 Expectation: 900 pips
Investing in USDCAD when American GDP beats forecasts
20 February 2026 26
Brent sell
Period: 30.04.2026 Expectation: 200 pips
Selling Brent crude as it climbs to $73.0
20 February 2026 26
Go to forecasts