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What You Need to Know About Apple’s iPhone X Production Target

Rachel Gunter
What You Need to Know About Apple’s iPhone X Production Target

Before Apple (AAPL) released its results for the three months ended December 2017, or its fiscal 1Q18, there were reports of the company significantly slashing its iPhone X production target for the quarter ending March 2018. The Wall Street Journal stated that Apple was planning to produce just 20 million iPhone X handsets in the March quarter, implying a steep cut from the ~40 million the company was initially planning. With the device, Apple appears to be betting on design upgrades to turn around its fortunes in an increasingly competitive market.