Apple's iPhone XR was the third model the company unveiled in September.
Preparing for holiday demand, Apple had reportedly contracted a third smaller iPhone assembler to assist. The phone starts at $749.
Asian stocks rally on hope of US-China trade deal
Trump has frequently accused China of cheapening its currency to gain a trade advantage, claims Beijing has consistently rejected. "We are changing them". "Frankly, the principal culprit is China ", he said. "I think folks are anxious about".
Apple also stoked worries about iPhone sales last week when it said that beginning this quarter, it will no longer break down unit sales for iPhones, iPads and Macs. The iPhone XR hit shelves in October, undercutting the iPhone XS by $250 despite offering much the same style and abilities. Foxconn is the main supplier for iPhone 8 Plus, while on the other side Pegatron is behind the supply of iPhone 8. At Foxconn, only 45 production lines of the planned 60 are now being used. "Starting with iOS 12.1, iPhone 8, iPhone 8 Plus, and iPhone X include this feature, but performance management may be less noticeable due to their more advanced hardware and software design", reads the support page.
"The utilization for the XR production is not reaching its maximum capacity now".
"Suppliers of iPhone 8 and iPhone 8 Plus are getting a combined order of around 5 million more units", a source told the publication, noting that Apple initially planned to produce 20 million iPhone 8 and 8 Plus models this quarter but that figure has been raised 25 million. Apple said sales for the usually busy holiday period would likely miss analyst expectations as sales in emerging markets including India were weak. It's entirely possible that the reason Apple doesn't need very many XR's is that most customers are choosing the highest-end models or defaulting to the lower-end, cheaper products.