The iPhone X won't lead to a super cycle, as Apple reportedly cut supply orders 50%

Apple has reportedly made the iPhone X production cuts official with suppliers on Monday, tips Nikkei, citing anonymous sources from the supply chain. Instead of the 40 million units that it had forecast will be needed in the January-March period, it seems that most early adopters have already jumped on the Animoji bandwagon, and the demand has now been adjusted to the much softer 20 million units pace. The report says that the iPhone X production cuts are due to rising inventories, as the TrueDepth camera components' supply bottleneck has been resolved, but it's still a 50% order cut, no matter ...