Apple Inc.'s 2018 iPhone Production Plans Look Modest

According to analysts with RBC Capital (via Investors Business Daily), citing supply chain checks, Apple (NASDAQ: AAPL)is planning to manufacture 80 million to 90 million of its next-generation iPhone models during the second half of 2018. This figure, the RBC analysts say, represents a reduction from the between 100 million and 120 million new iPhone models that Apple had built ahead of the start of the current product cycle, which began in September 2017.