BUZZ - Reports of iPhone production cuts send Apple shares lower
路透社2026/10/09 11:19October 9 – According to Nikkei Asia (link), Apple has asked its suppliers to cut production of the new iPhone 18 Pro model due to weak demand, resulting in Apple (AAPL.O) shares falling 1.8% in premarket trading to $334.21. The report states that, against the backdrop of soaring memory chip costs and rising prices, the component orders for October have been reduced by at least 15% compared to initial requirements. Apple has not yet responded to a Reuters request for comment. The current stock price is about 1% lower than the all-time intraday high of $345.34 reached on September 22. According to data compiled by the London Stock Exchange Group (LSEG), the average rating from 43 analysts covering the stock is "Buy," with a median target price of $330. (For the convenience of non-English speakers, Reuters provides automated translations of its report into several other languages. As automated translations may contain errors or lack the required context, Reuters does not guarantee the accuracy of the automated translation and provides it solely for reader convenience. Reuters accepts no liability for any damage or loss resulting from use of the automated translation function.)
October 9 - ** According to Nikkei Asia (link), Apple has asked suppliers to cut production of the new iPhone 18 Pro models due to weak demand. As a result, Apple AAPL.O shares fell 1.8% in pre-market trading to $334.21
** The report said that against the backdrop of soaring memory chip costs and rising prices, October component orders were cut by at least 15% from the initial request
** Apple has not yet responded to a request for comment from Reuters
** The current share price is about 1% below the intraday all-time high of $345.34 set on September 22
** According to data compiled by London Stock Exchange Group (LSEG), the average analyst rating among the 43 analysts covering the stock is "Buy"; the median target price is $330
(To make it easier for non-native English speakers, Reuters provides automated translations of its articles into several other languages. Because automated translation may contain errors or may not capture the required context, Reuters does not guarantee the accuracy of the automated translation. The automated translation is provided solely for reader convenience. Reuters accepts no responsibility for any harm or losses arising from the use of the automated translation service.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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