20% Production Slash for iPhones and iPods

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Apple Inc is planning to lower iPhone and AirPod production

The company plans to produce 20% fewer iPhone SEs

Apple has also reduced 2022 orders for AirPods by more than 10 million units

Primary reason for pullback includes Inflation, production issues in China, ongoing war

Apple’s lack of innovative design and 30% price hike augments obstacles

Apple is expected to launch a brand new iPhone lineup later this year

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