Apple To Slash AirPods Production Due To Competition From Cheaper Alternatives

Apple Inc (NASDAQ: AAPL) expects to cut down on the AirPods wireless earphone production by between 25% to 30% Nikkei Asia reports. What Happened: Weaker demand has compelled Apple to produce between 75 million and 85 million units for 2021, compared to the previous production forecast of 110 million units.