NIKKEI reported that Apple might reduct 30% output of iPhone 6S and iPhone 6S Plus in the first quarter of 2016. Affecting by this news, Apple share declined by 2.5% on Tuesday, closing at $102.71.

NIKKEI indicated such report was based on the overstock of these two models and the increase of exchange rate. iPhone seems to be more expensive in some emerging markets due to the increase of exchange rate. According to the confirmed sources of foreign suppliers, the output of iPhone is expected to return to the normal level in the second quarter.

Many experts predicted the sales volume of iPhone will be declined in the following months. The report of NIKKEI was one of them. Some Wallstreet analysts initially predicted iPhone sales volume would decline in December, 2015, listing the facts of their predictions.

Gene Munster felt that the worries of investores concerned the reduction of iPhone sales volume became stronger. Many people assumed the sales volumes of iPhone might decrease to 50 million sets which is far below its prediction of 58.5 million.

Munster pointed that the reduction of output has little to do with its actual sales. Tim Cook once indicated that the sales of iPhone would increase progressively each year. The sales of Apple iPhone far reached its predictions for three years in a row.

Munster wrote:”General speaking, the current data showed us the sales of iPhone doesn’t seem so bad as we predicted. The demands of iPhone increased lightly in December. The smartphone market is stable. The existing iPhone users is big enough. We predicted the growth rate of iPhone sales in last December and this March will not change much.”