--Apple will cut its planned production of AirPods wireless earphones by 25% to 30% this year, weighed by intensifying competition which hurt its sales, according to sources briefed on the matter, Nikkei Asia reports.

--It now expects to make between 75 million and 85 million units this year, from a previous production estimate of 110 million units, reports Nikkei Asia.

--The downward revision may be a sign of weakening demand for AirPods, it adds.

 

Full story: https://s.nikkei.com/3gHqBAP

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

April 27, 2021 23:52 ET (03:52 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Apple Charts.
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Apple Charts.