Latest industry survey:iPhone 16 orders were cut by around 10M units for 4Q24–1H25, with most of the cuts affecting non-Pro models. As a result, iPhone 16 production for 2H24 is now estimated at 84 million units (down from around 88 million previously).Following these cuts, total iPhone production for 4Q24, 1Q25, and 2Q25 is now forecast at around 80 million, 45 million, and 39 million units, respectively, all down YoY (vs. around 84 million, 48 million, and 41 million in 4Q23, 1Q24 and 2Q24, re...