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Report: Apple cuts iPhone production plan by 10%

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Nikkei Asian Review reports Apple has cut its iPhone production plan by 10 percent.

The company last month asked suppliers to produce fewer phones during the first quarter, sources familiar with the matter said.

Apple recently warned its fourth-quarter revenue likely would come in at $84 billion, down from previous projections of up to $93 billion.

Read more from Nikkei Asian Review.

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