Apple losing its 'edge' as iPhone sales nosedive

Less than six months after Apple Inc debuted its latest series of iPhones, the United States company is cutting production because of lackluster sales.

Analysts said iPhone shipments in China, Apple's biggest market, are set to fall in the coming months.

James Yan, a Beijing-based smartphone analyst with IDC China, said shipments for January will face "a significant slump" in the country compared with a year ago, when the iPhone 6 and 6 Plus were the flagship devices.