Apple reportedly cuts production of its new iPhone SE by 20%

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Apple reportedly cuts production of its new iPhone SE by 20%
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The company reportedly aims to lower production of its iPhone SE, its first 5G capable phone costing $429, by about 2 million units to 3 million.

, by about 2 million units to 3 million units, or about 20% of the initial orders, according to Nikkei Asia. Apple also reduced orders for AirPods by about 10 million units for the entire year 2022, according to the report.

The iPhone SE isn't as popular as Apple's more expensive iPhones. According to Counterpoint Research, the 2020 version of the iPhone SE accounted for 12% of all iPhone sales from its launch until Q4 2021.

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