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Apple shares fall 1.5% due to low demand for iPhone 8

October 21, 2017

Apple posted a 1.5% decline in its shares shortly before the start of Thursday’s trading session (19). According to Reuters, the negative result may be justified, in large part, due to investor concern about

 

Apple shares fall 1.5% due to low demand for iPhone 8

 

Apple posted a 1.5% decline in its shares shortly before the start of Thursday’s trading session (19). According to Reuters, the negative result may be justified, in large part, due to investor concern about the low demand of the iPhone 8 and iPhone 8 Plus.

 

The apple company cut orders for both models by approximately 50% between the months of November and December. The information was obtained by the Taiwan Daily Economic Daily News with a purported employee of one of Apple’s suppliers.

 

The reception of the iPhone 8 and iPhone 8 Plus was much more timid than the launch of the predecessor model; with much smaller queues than expected in major smartphone markets. It is possible that Apple will be able to overcome the unfavorable situation with the arrival of the iPhone X, whose first deliveries are scheduled for November 3.

the low demand of the iPhone 8 and iPhone 8 Plus.

The apple company cut orders for both models by approximately 50% between the months of November and December. The information was obtained by the Taiwan Daily Economic Daily News with a purported employee of one of Apple’s suppliers.

The reception of the iPhone 8 and iPhone 8 Plus was much more timid than the launch of the predecessor model; with much smaller queues than expected in major smartphone markets. It is possible that Apple will be able to overcome the unfavorable situation with the arrival of the iPhone X, whose first deliveries are scheduled for November 3.

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