Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022.<\/p>\n
\n
Shares of apple<\/button><\/span><\/span><\/span> dipped Tuesday a report that the company has asked one supplier to stop producing a component for the iPhone 14 Plus while the company re-evaluates demand.<\/p>\nOne of Apple’s manufacturers in China has been instructed to immediately halt production of a component for the phone less than two weeks after its debut, according to The Information. Two other suppliers that assemble modules from that component have also cut production dramatically, the report says.<\/p>\n
The iPhone 14 Plus, which starts at $899, is a cheaper alternative to the company’s iPhone 14 Pro Max model, which starts at $1,099.<\/p>\n
The new report suggests that consumers are opting for the more expensive model among the two large-screened iPhones. That maps to an earlier report from Bloomberg that said the company told suppliers to bail on plans to increase iPhone 14 production in September. (The iPhone 14 is the cheaper alternative to the iPhone 14 Pro.)<\/p>\n
Demand for the new models failed to spike as high as anticipated, Bloomberg had said.<\/p>\n
Apple declined to comment on the report.<\/p>\n
Shares had been trading around $145 and lost about $4 per share on the report, but have since recovered slightly. Apple stock is now flat on the day.<\/p>\n<\/div>\n<\/div>\n
.<\/p>\n","protected":false},"excerpt":{"rendered":"
Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Shares of apple dipped Tuesday a report that the company has asked one supplier to stop producing a component for the iPhone 14 Plus while the company re-evaluates …<\/p>\n
Apple ticks down on report of cut to iPhone 14 Plus production<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[4],"tags":[453,330,109,2271,1323],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":103483,"url":"https:\/\/harchi90.com\/apple-is-pausing-iphone-14-plus-production-less-than-two-weeks-after-its-release\/","url_meta":{"origin":100988,"position":0},"title":"Apple is pausing iPhone 14 Plus production less than two weeks after its release","date":"October 21, 2022","format":false,"excerpt":"Apple is reportedly pausing production of the iPhone 14 Plus while it works out whether or not there's sufficient demand for the new phone.Unlike the iPhone 12 and iPhone 13, which launched alongside the smaller iPhone 12 Mini and iPhone 13 Mini, Apple decided that for the iPhone 14 range\u2026","rel":"","context":"In "Technology"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101610,"url":"https:\/\/harchi90.com\/apple-cuts-production-of-iphone-14-plus-the-information\/","url_meta":{"origin":100988,"position":1},"title":"Apple cuts production of iPhone 14 Plus – the Information","date":"October 19, 2022","format":false,"excerpt":"Oct 18 (Reuters) - Apple Inc (AAPL.O) is cutting production of iPhone 14 Plus within weeks of starting shipments as it re-evaluates demand for the mid-range model, the Information reported on Tuesday, citing two people involved in the company's supply chain.The Cupertino, California-based company told at least one manufacturer in\u2026","rel":"","context":"In "Technology"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100476,"url":"https:\/\/harchi90.com\/apple-acknowledges-sim-not-supported-bug-impacting-iphone-14-users\/","url_meta":{"origin":100988,"position":2},"title":"Apple Acknowledges ‘SIM Not Supported’ Bug Impacting iPhone 14 Users","date":"October 18, 2022","format":false,"excerpt":"Monday October 17, 2022 12:23 am PDT by Sami FathiApple has acknowledged yet another iOS 16 bug impacting customers of the iPhone 14, this time related to cellular data and SIM card support. 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