The well‐known partner of the Apple Company who manufactures the metal chassis components of the Apple iPhones has reported a significant drop in their revenues. The company claims that the dip has been due to the drop of their client’s orders. The revenue has fallen down from 4.6 percent to 9.4 percent. There has been a hike in the fall of the orders from their clients in a particular year. Catcher (The Chassis Manufacturing Company) has not mentioned any name however Apple was one of their major clients giving the highest orders.

Due to the high demand of the Apple iPhone 7 in the market the manufacturers of the Apple like Pegatron and Foxconn have to begin at least couple of months before. A number of the manufacturers have claimed that the orders of the Apple have been largely cancelled by the company itself due to the slow demand of the Apple 6 series iPhone. Apple anticipated a much higher demand for the iPhone 6 phones however they could not turn around the sales as per their expectation. Due to the decline in the sales in the March and June quarter, Apple pushed back their orders from the market.

Foxconn says that the demand for the Appe iPhone will be much slower till 2017. The fresh upgrade release of the iPhone that is Apple iPhone 7 is also seen as an interim upgrade of the iPhone 6 with few major updates in the hardware as well as the software of the iPhone. Apple has already seen a lot of losses in the time of the iPhone. It was one of the most pathetic models of the iPhone till date. Though a lot of people bought it however the phone was certainly not marking the expectation of the company. It simply managed to fill the cracks somehow.