Benzinga
Murata Manufacturing Inc (OTC: MRAAF) (OTC: MRAAY) expects Apple Inc (NASDAQ: AAPL) to curtail iPhone 14 production further in the coming months because of weak demand. "Judging by handset availability in stores, I see a downward revision happening," Murata President Norio Nakajima said in a Bloomberg interview. "I hope that it won't be too deep." Nakajima's comments reflect slowing consumer spending due to rising interest rates, elevated inflation, and sputtering economic growth. Also Read: Tai
