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Apple (AAPL) Stock Dips on Report It Expects Flat iPhone Production This Year
May 26, 2022 5:42 AM EDTApple (NASDAQ: AAPL) intends to keep the iPhone production relatively flat in 2022 as the tech giant, as well as the broader smartphone industry, continue to face headwinds this year.
Apple has reportedly told suppliers to produce around 220 million iPhones this year, almost the same as the number of iPhones assembled last year, according to Bloomberg News.
This compares to the... More
