Apple to cut iPhone production in first quarter of 2017: report
Apple's shares were down 0.84 per cent
Apple might be working on a new 'Jet White' iPhone 7
The company had slashed output by 30 per cent in January-March this year due to accumulated inventory, the paper said.
Apple's shares were down 0.84 per cent in midday trading, in line with the Nasdaq stock index.
An Apple spokeswoman declined to comment on the report.
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