Apple Give Orders Of 8.5 Crore iPhone 15 Units To Suppliers

American smartphone company Apple has asked suppliers to make around 85 million units of the iPhone 15 this year. Apple plans to keep a large supply of its new series of iPhones ready despite a weakening global economy and forecasts of a shrinking smartphone market.

Bloomberg’s Report In quoting sources having information about the company’s plan, it has been told that the prices of the Pro models of the iPhone can be increased. The share price of this world’s most valuable company has gained almost 50 percent this year. Its market capitalization has increased to about three trillion dollars. Uncertainty about the economy and rising prices have reduced purchases from smartphones to computers by consumers and enterprises alike. This has affected the demand of companies making many devices including Apple.

The Federal Reserve in the US may raise interest rates again this week. Apart from this, China’s economy has also weakened in the second quarter. Apple Companies like South Korea’s Samsung to Taiwan’s Foxconn are also affected by K’s business. Recently, Display Supply Chain Consultants (DSCC) reported that these orders for the iPhone 15 are almost 100 times more than the panel orders placed for the iPhone 14 in June last year. The report said that the iPhone 15 Pro and iPhone 14 Pro displays accounted for 58 percent and 43 percent of panel shipments, respectively. This indicates that Apple is expecting strong demand for the iPhone 15 Pro.

Apple plans to increase its production outside China. It has made preparations to increase production in India. The company’s new series of iPhones is likely to be launched later this year. This series may include iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max. These smartphones will run on iOS 17, the next version of Apple’s mobile operating system.