Apple Cuts Orders For iPhone 12 Mini By 70% Owing To Lack Of Demand: Report

Apple Inc. (NASDAQ: AAPL) has cut its planned production of the iPhone 12 mini for the first half of 2021 by more than 70% due to lower than expected demand, Nikkei Asia reported Wednesday, citing sources familiar with the matter. What Happened: The tech giant is also cutting orders for...