The sale of iPhone phones, which this year launched Apple's expectations, has largely changed. After the company stopped new production lines for the iPhone XR, Wall Street reported today the new Apple plans to cut production of the three versions of the iPhone phones at the moment.
The Wall Street report confirmed that Apple has begun to take steps to reduce the production lines of recent versions of iPhone phones, due to lower shipments than expected.
The Wall Street report also indicated that lower demand than expected did not support Apple's future forecast of what the company needs to support components of new production lines.
Many of the smart phone manufacturers set high expectations for end-of-year sales of the premium versions. Apple's expectations were also great for the fourth quarter of 2018 for its premium phones, but Apple has not commented on its plans for the time being.