iPhone is losing momentum, thousands of people left without work

As the analyst shows, for 2018, iPhone sales have dropped dramatically. Apple has reduced the projected income from the sale of smartphones from the beginning of 2019, which gave analysts reason to keep the volume of products falling in the new year. In this situation, the winners will be competitors of the company, which will give them the opportunity to advance to the tops of sales ratings. But it is the IPhone suppliers and collectors who will feel the big loss. According to a large Foxconn factory, only since October 2018, they have cut about 50,000 employees. People were forced to leave their jobs before the expiration of contracts, and all because of the decline in orders for the assembly of new iPhones. It became known about the lost 8% of income for December 2018, experts argue that all this is due to a reduction in production. Bad news comes from the Pegatron factory, which occupies the second place in the production of Apple products. Here we are talking about 100,000 employees, who were also forced to leave jobs because of production cuts. Every year, Apple loses its momentum, which is largely due to the high price of smartphones, which simply do not justify demand. Thus, most manufacturers were forced to adjust the volume of products downwards.