Apple expected to cut iPhone 6S, 6S Plus production by 30%

Apple expected to cut iPhone 6S, 6S Plus production by 30%

Customers hold the iPhone 6s during the official launch at the Apple store in central Sydney, Australia, September 25, 2015. REUTERS/David Gray

Apple Inc is expected to cut production of its latest iPhone models by about 30 percent in the January-March quarter due to mounting inventories, the Nikkei reported, rattling the nerves of investors in the U.S. giant’s Asian suppliers.

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