(Reuters) – Apple Inc (AAPL.O) has asked suppliers to increase production of its iPhone 11 models by up to 8 million units, or about 10%, Nikkei Asian Review reported, hinting that demand for the recently launched versions of its flagship phone was picking up. FILE PHOTO: Apple iPhone 11’s are pictured inside of the Apple Store on Fifth Ave in the Manhattan borough of New York, New York, U.S., September 20, 2019. REUTERS/Carlo Allegri/File Photo “Previously, Apple was quite conservative about placing orders”, which were less than for last year’s new iPhone, the Nikkei said on Friday, quoting a source. “After the increase, prepared production volume for the iPhone 11 series will be higher compared to last year”. The company’s shares rose 1.8% to $224.78 in early trading. The recent surge in iPhone orders is concentrated in the cheapest iPhone 11 model and the iPhone 11 Pro model, sources cited by Nikkei said, while Apple has slightly reduced orders for its top range model, the iPhone 11 Pro Max, which has a starting price of $1,099. “Despite all the perceived black clouds from being the poster child of the current U.S.-China trade tensions, Apple is seeing a very strong iPhone… Read full this story
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