Subj : Apple is reportedly cutting iPhone 15 production due to demand co To : All From : TechnologyDaily Date : Thu Aug 17 2023 13:00:03 Apple is reportedly cutting iPhone 15 production due to demand concerns Date: Thu, 17 Aug 2023 11:49:59 +0000 Description: Apple has reportedly reduced its iPhone 15 sales targets in light of demand fears and production delays. FULL STORY ====================================================================== The Apple rumor mill is an unpredictable beast. One minute, well hear that the iPhone 15 is on track to become the best-selling iPhone in years , and the next, analysts are warning that iPhone 15 sales could be relatively poor in 2023 . The latest intelligence, however, gives more credence to the latter prediction, with seasoned tipster Jeff Pu claiming (via 9to5Mac ) that Apple is cutting iPhone 15 production targets due to fears over limited consumer demand in 2023. According to Pu, Apple has adjusted its end-of-year iPhone 15 sales estimates from 83 million units to 77 million units, with demand concerns playing a key role in the decision. Its thought that rumored iPhone 15 price increases could discourage existing iPhone owners from upgrading their devices this year. The build plan cut before launch isnt a positive signal, and the potential price hike for iPhone 15 Pro Max could also dampen the end-demand, Pu wrote in an investor note seen by 9to5Mac. Theres no certainty around how much the iPhone 15 and its siblings will cost this year, but analysts are in general agreement that every iPhone 15 model will be more expensive than its iPhone 14 equivalent , owing to increased production costs on Apple's part. We will be seeing a $50 - $200 price jump on all major flagships depending upon the variants.This includes:- Google Pixel 8 series- iPhone 15 series- Xiaomi 14 series- Samsung Galaxy S24 series August 17, 2023 See more International markets have endured iPhone price increases as recently as last years iPhone 14 line, but a series-wide price increase for the iPhone 15 line would mark the first of its kind in the US since 2017. Pu also suspects that in addition to fears over limited consumer demand supply chain issues have dampened Apples post-launch hopes for the iPhone 15 line. The analyst cites Sonys camera sensors, the new titanium frame for the iPhone 15 Pro and iPhone 15 Pro Max, and the almost bezel-free display for the same two models as the components facing mass production delays. But lets not get ahead of ourselves the iPhone 15 will still be among the best-selling phones of 2023. For reference, Samsung reportedly sold 2.77 million Samsung Galaxy S23 phones in the month after the series February 2023 release, and that figure represented a year-on-year increase of 102% over the Galaxy S22 series. If Pu's intel is correct, Apples reduced year-end iPhone 15 sales target now sits at 77 million units thats 77 million units in four months. So, no, the iPhone 15 line won't and was never going to sell poorly, but Apple would be wise to hold fire on price increases for future iPhone models if it hopes to maintain the continued loyalty of its huge customer base. More iPhone 15 stories iPhone 15 : everything we know so far iPhone 15 Plus : everything we know so far iPhone 15 Pro : everything we know so far iPhone 15 Pro Max : everything we know so far iPhone 15 vs iPhone 14 : how will Apple's next vanilla model stack up? iPhone 15 Pro vs iPhone 14 Pro : the rumored key differences 3 reasons not to buy the iPhone 15 if you already own an iPhone ====================================================================== Link to news story: https://www.techradar.com/phones/iphone/apple-is-reportedly-cutting-iphone-15- production-due-to-demand-concerns --- Mystic BBS v1.12 A47 (Linux/64) * Origin: tqwNet Technology News (1337:1/100) .