‘Great Secret Features’ and ‘Nasty Surprises’ are my regular columns investigating the best features / biggest problems hidden behind the headlines.
According to Reuters, which also cites China's influential Economic Daily News, Apple has had to take the unprecedented decision to slash production of the iPhone 8 and iPhone 8 Plus by “nearly 50%” due to lack of demand.
A source for the Economic Daily News says this is the first time in iPhone history that production has had to be cut so soon after launch (September 22nd). In fact Apple is more used to the opposite: queues around the block and such high demand that Apple regularly says its massive sales figures are impacted simply because it cannot build enough.
The news comes following murmurs that sales of the iPhone 8 and iPhone 8 Plus have been modest but, if both Reuters and the Economic Daily News are correct, it appears Apple’s 2014-based designs are simply past their sell by date. We will learn more when Apple reports its Q4 earnings on November 2nd, though it is worth pointing out these figures are not broken down by model and new iPhones will only represent a few weeks of the overall quarter.
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