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iPhone 13 Demand Has Weakened, Apple Tells Suppliers Ahead of Holiday Season

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3 years ago

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iPhone 13 Demand Has Weakened, Apple Tells Suppliers Ahead of Holiday Season

Apple, suffering from a global supply crunch, is now facing a different problem: slowing demand.
People familiar with the matter said the company has informed its component suppliers that demand for iPhone 13 series products has weakened, indicating that some consumers have decided not to try to buy this hard-to-find product.
According to Bloomberg News, due to a shortage of parts, Apple has lowered its production target for iPhone 13 this year from 90 million units by as much as 10 million units. But it is hoped that most of the shortage will be made up next year-when the supply is expected to improve. According to people familiar with the matter, the company is now informing its suppliers that these orders may not be honored because the discussions are conducted in private.

The company is still expected to usher in a record holiday, and analysts expect sales to grow in the last three months of the calendar year, an increase of 6% to 117.9 billion U.S. dollars (approximately Rs. 88,405.55 billion). But this will not be the sensational quarter that Apple and Wall Street originally envisioned. Shortages and delivery delays have frustrated many consumers. As inflation and omicron variants bring new concerns to shoppers who are tired of epidemics, they may abandon some purchases.
This may mean skipping the iPhone 13 altogether and waiting for the upgrade when its successor comes out next year. In the current lineup, the standard model starts at US$799 (approximately Rs 59,890), and the Pro starts at US$999 (approximately Rs 74,890). It is considered a modest update of the iPhone 12, which has a brand new design. The 2022 model is expected to have even greater changes, giving some shoppers reason to wait.
Apple Inc., based in Cupertino, California, declined to comment. The iPhone is Apple’s flagship product, accounting for about half of its revenue of 365.8 billion U.S. dollars (approximately 274,220 billion rupees) in the previous fiscal year. The launch of upgrades is a delicate dance. With the introduction of the iPhone 13, Apple and wireless carriers have introduced aggressive discount programs to stimulate purchases. In some cases, users of iPhone 12 or earlier can purchase iPhone 13 for very little or even free.

Although discount programs are still available, some discount programs offer smaller savings compared to when the new model was first launched. During Apple’s last earnings conference call in October, CEO Tim Cook stated that demand for new products was “very strong” — driven by interest in new products, the latest iPhones, iPad devices and other Equipment-and the company is expected to achieve a record holiday quarter. In the same period last year, sales were 111.4 billion U.S. dollars (approximately 8,351 billion rupees).

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He pointed out that supply constraints are the company’s biggest challenge. Cook predicts that in order to obtain enough components, especially chips, Apple’s revenue in the holiday quarter will exceed $6 billion (approximately Rs 44,980 crore).

News Source : Gadgets 360

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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3 weeks ago

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January 30, 2025

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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