Apple's iPhone 16 and 16 Plus are experiencing low demand, leading the company to cut orders by about 10 million units over the next six months.
Analyst Ming-Chi Kuo has indicated that production forecasts for the iPhone 16 series have decreased from 84 million to 80 million units for Q4'24.
Kuo's projections show a worrying trend, with iPhone 16 series production expected to drop significantly in the coming quarters, indicating ongoing demand issues.
Despite product releases, Kuo expresses skepticism over the impact of Apple Intelligence on driving demand for the new iPhone 16 series, a concerning outlook for Apple.
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