Categories: NewsTechnologyWorld

Apple aims to keep iPhone shipments steady – Bloomberg News

 Apple is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before, Bloomberg News said on Monday citing people familiar with the matter.

The company is aiming to hold shipments steady despite a projected decline in the overall smartphone market, the report said, adding Apple is considering raising the price for Pro models.

Apple did not immediately respond to a Reuters request for comment.

Shares of the iPhone-maker inched higher in trading before the bell.

Source : Reuters

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

Air service liberalisation and carbon dioxide emissions

Air transport is central to global connectivity, but regulatory restrictions impose high transport costs. This…

13 hours ago

Improving competitiveness or meeting climate targets: The Draghi dilemma

Governments across Europe are increasingly acting to help industry remain competitive without compromising EU climate…

13 hours ago

Revisiting labour supply trends across countries

The long-standing gap in hours worked between Americans and workers in other advanced economies has…

13 hours ago

Defence spending – no free lunch

The relationship between defence spending and growth has recently returned to the centre of policy…

13 hours ago

Fiscal institutions matter big time for foreign direct investment in developing economies

Foreign direct investment is a key driver of development, particularly for low-income countries. Nevertheless, low-income…

13 hours ago

Cross-border payment technologies, innovations, and challenges: Lessons from domestic and cross-border payments

Cross-border payments are essential for global trade, remittances, and financial transactions, but remain inefficient compared…

14 hours ago