Apple Stock Slides as iPhone 18 Pro Component Orders Reportedly Cut at Least 15%

thecryptobasic2026-10-09 14:47:58

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Apple Stock Slides as iPhone 18 Pro Component Orders Reportedly Cut at Least 15%

Apple (NASDAQ: AAPL) shares fell 2.53% to $331.80 in early Friday trading, threatening to end a three-session winning streak after reports the company reduced October component orders for its iPhone 18 Pro models by at least 15% amid weaker consumer demand and higher prices. According to Nikkei Asia, Apple instructed some suppliers to scale back component production for the newly launched iPhone 18 Pro and iPhone 18 Pro Max.

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