Apple Suppliers Reporting Dropping Revenues Due to Declining iPhone X Orders

Apple has nearly addressed supply struggles for the iPhone X and waiting times have dropped to just 1 week, and analysts expect the next weeks to bring a substantial increase in sales for the company.

But component suppliers are already reporting dropping revenues caused by declining iPhone X orders, explaining that shipments not only that went down in November, but are also expected to continue their collapse in December.

A report from DigiTimes and citing the typical “sources from the upstream component supply chain” indicates there are already concerns that Cupertino could substantially reduce its orders for the first quarter of the next year.

The existing figures point to a concerning quarter for both Apple and suppliers. The anonymous sources claimed that Apple’s orders in November were 30 percent below the forecast and a dropping trend is likely to be maintained in December and January.

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