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Apple plans to cut iPhone Air production by one million units after underwhelming sales, Mizuho Securities says. Meanwhile, iPhone 17 Pro and Pro Max are outperforming last year’s models, and the standard iPhone 17 is a major success versus iPhone 16. Apple will raise output of other models by two million units and lifted its iPhone 17 series forecast from 88 to 94 million units for the start of 2026. In China, iPhone Air reportedly sold out within hours, despite lower-than-expected sales in Western countries last month.

Prepared by Christopher Adams and reviewed by editorial team.