The company expects 2019 to be a "very difficult and competitive year," Bloomberg reports.
Suppliers have been grappling with a shift in iPhone demand.
Foxconn and Pegatron have been told to cut down production line plans, a report says.
President Trump was on hand to tout the building of iPhone-maker Foxconn's new $10 billion Wisconsin plant.
And the president praises Apple for investing $350 billion in the US -- though it's unlikely to be spent on new factories, as Trump hopes.
The factory is owned by Foxconn, which also makes Apple’s iPhones.
Foxconn wants to be more than just a manufacturer.
The electronics manufacturer is staying true to its $10 billion investment in a US factory.
Belkin, Wemo and Linksys have been bought by Foxconn, the Taiwanese electronics maker best known for assembling iPhones.
Findings include workers coming in contact with toxic chemicals without training or sufficient protection. Apple says it found no evidence to support the claims.
Chinese students say they were forced to work for Apple's manufacturing partner Foxconn in order to graduate from high school.
The announcement comes a week after the iPhone manufacturer said it will build a $10 billion plant in Wisconsin.
This one tip will help you sleep better tonight
A few seconds are all you need to get a better night's rest.