According to reports, Apple has already slashed production plans for the iPhone SE by 20%

According to reports, Apple has already slashed production plans for the iPhone SE by 20%

While high-end devices such as the PlayStation 5 and graphics cards may continue to sell out, demand for less-expensive budget options may not be as strong. According to Nikkei Asia, Apple will produce 20% fewer iPhone SEs in the next quarter than expected, and 10 million fewer AirPods for the entire year of 2022. In his letter, noted analyst Ming-Chi Kuo revealed specific data about the SE’s demand, stating that he expects Apple will ship 15 to 20 million SEs in 2022, down from his earlier forecast of 25-30 million (a decrease of 22 to 66 percent for the year).