Apple cuts orders for 2018 iPhones by 20%

Apple has requested suppliers to lower deliveries of products by 20%, Nikkei reported today. The company decided to play it safe in 2018 after overestimating the demand for the $1000+ iPhone X. The 2017 iPhones reached 77.31 million shipments for the October-December quarter, but Apple expected numbers close to 100 million. A source revealed the expected numbers for this year are 80 million, or similar to last year's performance. Nikkei reported earlier the Cupertino-based company plans to launch three phones, two of them with an OLED panel, while one sticking with an LCD. All of...