Apple iPhone Product Cuts in First Quarter Could be linked to lower demand

Apple could cut iPhone production by 10 percent during the first quarter of 2017 as per a report published by Nikkei. After every new product launch, Apple witnesses massive rise in demand for newer model. Over the months, the demand declines as the euphoria around newer iPhone model declines. So, this could be a normal trend for Apple to reduce production of iPhone units during January.