As per some reports, apple may decide to produce 20 percent less models of IPhones as compare to last year.
For the 2nd half of the year, they might ship 80 million new models of iPhones which was reduced by 20 percent over the last year.
They also told to their part suppliers to make fewer components for three new models of iPhones.
The sale of iPhones is decreased in last year which leads the shares of company by 1.6 percent in the trade market on monday.
According to some analysts the reason behind this is the higher price of iPhone X – which is $1000.
After the decrement in shares of company investors also got affected. Shares of AMS also go down by 6 percent, Dialog Semi go down by 4.1 percent. Other suppliers company also have a decrement in between 1 to 3 percent.
On 4-8 June, Apple’s WWDC took place in California, where they make a ton of announcements.
Top analyst of Apple; Ming-Chi-Kuo also reveals that company going to produce some new models which will be cheaper in price as much as $300. He also stated that they are going to produce an IPhone X plus with 6.5 inch OLED screen, a 2nd generation IPhone X, and an Iphone with 6.1 inch screen.
He had also discussed about an IPhone model which have three cameras to help Augmented Reality.
In the conference, they also discussed about iOS 12 that iOS 12 will also work on other devices which supports iOS 11. They sure that it will work greatly on iPhone 6S.