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Apple (AAPL) has reportedly told suppliers to cut production of components for its iPhone 18 and Pro Max as rising prices dampens consumer demand, Nikkei reports

StockNow breaking-news AI analysis

A breaking-news item reports a 15%-20% October reduction in Apple orders for premium iPhone components, while the speaker says future orders are uncertain.

News detail

"In October alone, we are seeing orders from Apple reducing by 15% to 20% for both the premium models; we don't know how things would develop from here".

1 stocks
AAPLApple Inc.$333.73Current price

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