Is iPhone 18 demand cooling off? Here’s how deep Apple reportedly is cutting component orders.
Is iPhone 18 demand cooling off? Here’s how deep Apple reportedly is cutting component orders.
Tech Stocks
Shares of Apple declined early Friday after the technology giant reportedly told a number of suppliers to reduce their production of parts for two recently released iPhone models.
The Cupertino, Calif.–based company became more conservative on dispatches of the iPhone 18 Pro and iPhone 18 Pro Max at the beginning of last month, according to Nikkei Asia, which said it spoke to multiple people it described as familiar with the situation.
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