Market News / Story
Why Apple (AAPL) Stock Is Trading Lower Today
Stock Story ·
Stock Story reports: What Happened? Shares of iPhone and iPad maker Apple fell 2.3% in the morning session after a supply-chain report revealed the tech giant instructed suppliers to reduce component orders for its iPhone 18 Pro and iPhone 18 Pro Max by at least 15% for October. In a scoop by Nikkei Asia covered by Reuters, Apple grew more conservative on shipments following cooler consumer reception for its newly launched flagship devices, with order reductions estimated between 15% and…