dglobalnews.com Apple to reduce iPhone production in the first quarter of 2017
Published: Sun, January 01, 2017
Tech | By Arthur Brown

Apple to reduce iPhone production in the first quarter of 2017

Apple to reduce iPhone production in the first quarter of 2017

The company slashed output by 30% in the January-March quarter in 2016 because of accumulated inventory, Nikkei reported. The company's larger screen iPhone 7 Plus continues to sell well, but a shortage of sensors for the camera plagued Apple's production and its ability to keep up with global demand.

Numerous firm's loyal customers are believed to be swerving the modest update served up in September.

Watch this space for more news on Apple products.

The iPhone 8 is believed to offer a flexible OLED display with a bezel-free design and an all-glass casing.

Meanwhile, reports from India said the smartphone giant will set up manufacturing plant in the country, where it hopes for a sales boost. As per the administration, the Cupertino-based company should not seek additional help from the government as India already provides a very conducive environment to encourage electronic manufacturing.

However, the alliance with Wistron marks Apple second major investment in Bengaluru.

Ford's next generation autonomous development vehicle is here
The automaker will triple the size of its test fleet in 2017, bringing the number of Ford research cars on U.S. roads to 90. The Blue Oval has continued to use the Fusion Hybrid as the platform for its self-driving auto .

Apple shares were down 0.8% in Friday trading, to $115.78.

According to Forbes, a Taiwan supplier who was one of the first to leak the end of the Aux cord has some even worse news. But looking back at this year's Q1 production, Apple also did some adjustments on the production of its iPhones. The iPhone 7 and 7 Plus did good when they were launched this September, but many Apple fans were not really convinced with the idea of upgrading their handsets this year. However, it was reported that after CEO Tim Cook's visit, the government was reconsidering the application by easing norms for 2-3 years for the company.

What does 2017 hold in store for Apple?

Apple's spokesman in India, and Mattu J.P. Singh, a spokeswoman at India's Commerce and Industry Ministry didn't immediately respond to e-mails seeking comment.

He also sees the potential for a higher dividend yield of 3.5% to 4% if Apple can bring home foreign profits under more favorable tax policies proposed by President-elect Donald Trump.

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