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: 07.11.2026 Expectation: 6750 pips
Selling USDCAD down to 1.35500
Today at 09:05 AM 5
Period: 07.11.2026 Expectation: 3700 pips
Go long on natural gas with $3.37 target
Today at 06:22 AM 7
Gold sell
Period: 14.10.2026 Expectation: 2100 pips
Go short on gold with $4,100 in view
Today at 06:07 AM 8
Period: 06.11.2026 Expectation: 1650 pips
Invest in Brent crude up to $115
Yesterday at 10:22 AM 30
Period: 20.10.2026 Expectation: 4500 pips
Buy Bitcoin with $90,000 in sight
Yesterday at 09:21 AM 22
Period: 31.12.2026 Expectation: 900 pips
AUDCAD upside may come into play in medium term
Yesterday at 05:28 AM 45
Go to forecasts