Apple Is Said to Tell Suppliers IPhone Demand Has Slowed

Apple is facing supply chain issues affecting the iPhone 13, leading to reduced production goals. Consumer demand has weakened, prompting Apple to inform suppliers of no need for additional components. Despite these challenges, Apple CEO Tim Cook remains optimistic about achieving record sales for the holiday quarter, although performance may not meet initial expectations.

What problem is Apple currently facing regarding its iPhone production?

How many units did Apple cut its production goal for the iPhone 13 this year?

What impact might the supply shortage have on consumer behavior regarding the new iPhones?

What does Tim Cook expect for Apple's sales during the holiday quarter?

What is the overall sentiment regarding Apple's performance in the upcoming holiday season despite the challenges?