Forbes ME · 9 Oct 2026
Apple Shares Dip After Report Says It’s Cutting iPhone 18 Pro Component Orders
Apple’s shares dipped more than 1.6% in premarket trading early on Friday after a report that the company had cut back on the production of components for its new iPhone 18 Pro and iPhone 18 Pro Max due to slower demand for the new phones, which were priced higher than the previous year’s models amid an AI-industry-driven spike in memory chip prices.
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