Home > Apple Shares Cut To The Core After Scaling Back iPhone Production

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Apple Shares Cut To The Core After Scaling Back iPhone Production

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Apple has cut production orders for all three iPhone models launched in September. Business Insider reports Apple share prices slid 4% Monday. They've been down more than 20% since their October peak. A handful of iPhone suppliers last week cut their outlook, citing a drop in demand from one of their biggest customers. Apple's decision to offer more models have made it hard to predict the number of units it has to produce.

Added on the 19/11/2018 15:20:41 - Copyright : Wochit

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