Apple drops iPhone production increase plans as demand falters – reports

Apple Inc is dropping plans to increase the production of its new iPhones this year after an anticipated surge in demand failed to materialize, Bloomberg News reported on Tuesday.

READ ALSO:

• Dior takes baroque-theme to catwalk for Paris Fashion Week

• Saudi king names crown prince, Mohammed bin Salman as prime minister

Apple did not immediately respond to a Reuters request for a comment.