Apple expects total shipments of iPhones to be launched this
year to be 80 million, less than the 100 million shipments that
Apple planned for around the same time last year, the financial
newspaper said, citing two industry sources.
"Apple is quite conservative in terms of placing new orders for
upcoming iPhones this year," one of the sources told Nikkei.
Shares of Apple, which usually launches iPhones in the second
half of the year, fell 2.2 percent to $189.20 in premarket
trading. Shares of Apple suppliers AMS <AMS.S> fell 6 percent,
while those of Dialog Semi <DLGS.DE> fell 4.1 pct.
The company intends to introduce three new iPhones in 2018,
according to reports, and is set to start shipping in September
after Apple's annual product launch.
Apple did not immediately respond to a request for comment.
(Reporting by Vibhuti Sharma in Bengaluru; Editing by Saumyadeb
Chakrabarty)
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