Apple slashes production orders for all 3 new iPhones
Apple has lowered production orders for the iPhones it introduced this fall due to lower than expected sales. Slump in Apple shares batters the tech market.
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apple stock
iPhone X worries help drive down Apple shares by $60B in value (+ video: CNBC analysis)
Apple’s stock is backtracking from its recent highs amid mounting concerns that iPhone X sales will fall short of the high hopes for a device that brought facial recognition technology and a $1,000 price tag to the company’s flagship product line.
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