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Apple Shares Drop As Suppliers Warn Of Lower iPhone Sales

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According to Reuters, Apple shares dropped to their lowest in more than three months. Apple's stock began to slip after three suppliers issued warnings that indicted a drop in iPhone sales. FactSet, a financial data company, said Apple sold 46.9 million iPhones during the last quarter. But analysts expected iPhone sales to hit 47.5 million. Apple started selling the latest iPhone models, the XS and XS Max, in September, while the XR model released in October.

Added on the 12/11/2018 15:25:16 - Copyright : Wochit

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