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AAPL falls 2% on report of slashed iPhone XR production, but claim questioned

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<p>Nikkei has run a report suggesting that Apple has instructed its suppliers to reduce <a href="https://9to5mac.com/guides/iphone-xr/" target="_blank" rel="noopener">iPhone XR[/url] production, reflecting lower-than-expected demand.</p>

<p>Foxconn [

…] would produce around 100,000 fewer units daily to reflect the new demand outlook – down 20% to 25% from the original optimistic outlook.</p>

<p>The report has seen the stock fall almost 2% in pre-market trading, adding to <a href="https://9to5mac.com/2018/11/02/aapl-stock/" target="_blank" rel="noopener">last week’s 6% fall[/url] on weaker-than-expected guidance and nervousness around the company no longer reporting iPhone sales numbers …</p>
<p> <a href="https://9to5mac.com/2018/11/05/iphone-xr-production-2/#more-561383" class="more-link">more…[/url]</p>
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