20% Production Slash for iPhones and iPods
Apple Inc is planning to lower iPhone and AirPod production
The company plans to produce 20% fewer iPhone SEs
Apple has also reduced 2022 orders for AirPods by more than 10 million units
Primary reason for pullback includes Inflation, production issues in China, ongoing war
Apple’s lack of innovative design and 30% price hike augments obstacles
Apple is expected to launch a brand new iPhone lineup later this year
