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Apple Delays Mass Production Of New iPhones

The coronavirus is prompting Apple to push back the production ramp-up of four new iPhone models coming later this year by about a month. The pandemic has weakened consumer demand and disrupted manufacturing across Asia. “Apple’s annual product refresh fuels the majority of iPhone sales for an entire year, making new phones the linchpin of a business segment that accounts for more than half of the company’s total revenue,” according to The Wall Street Journal.

Read the whole story at The Wall Street Journal »

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