iPhone 16 Production Cut: Is Weak Demand Driving Apple's Decision?

iPhone 16 Production Cut – Apple cuts production by 3 million units. – Supply chain checks reveal this adjustment at a key semiconductor partner.

Lower-Than-Expected Demand – Shipments expected to drop by 15% year-over-year. – 51 million units still shipped for the September quarter due to extra selling days.

Reasons for Slowing Demand – Delayed rollout of Apple Intelligence AI features. – Lack of major design innovation, with minimal changes from previous models.

Global Impact and Challenges – Apple Intelligence rollout limited outside the U.S. – Reduced demand globally due to delayed feature availability and design similarities.