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Demand for Apple's iPhone 13 series is rumored to be weakening

Bloomberg quoted people familiar with the matter as reporting that Apple has told component suppliers that demand for iPhone 13 series products has weakened. Earlier news reports said that due to lack of components, Apple has lowered its production target of 90 million units for the iPhone 13 by 10 million units this year, and hopes to make up most of the gap when supply is expected to improve next year.
Apple has told its component suppliers that demand for the iPhone 13 has sold and that may have sold Nasdaq futures as the day playout.
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