Apple is planning to cut the output of its iPhone and AirPods devices. The Ukraine crisis and the looming inflation is starting to weigh on demand for consumer electronics as reported by the Nikkei on Monday.

As reported by Nikkei, apple plans to make about 20% fewer iPhone SEs next quarter, or lower production orders by about 2 million to 3 million units than originally planned, due to weaker-than-expected demand.

The U.S. tech giant also reduced orders for its AirPods wireless headphones by more than 10 million units for all of 2022, as it scales back the level of inventories due to lukewarm demand, the newspaper said.

Japan is the biggest market for Apple after the United States.

Apple also asked suppliers to make a couple of million fewer units of the entire iPhone 13 range than previously planned, but said this adjustment was based on seasonal demand, according to the report which is yet to be commented upon by the company.
-Reuters