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Apple Shares Fall After News of iPhone 18 Pro Order Cuts
Apple shares fell more than 2.5% in early trading today in response to Nikkei Asia's report that the company is cutting iPhone 18 Pro component orders due to weaker-than-expected demand. Apple shares fell more than 2.5% in early trading today in response to Nikkei Asia's report that the company is cutting iPhone 18 Pro component orders due to weaker-than-expected demand.
Apple Reportedly Cuts iPhone 18 Pro Orders After Price Hike Dampens Demand
Apple has asked some of its suppliers to cut production of iPhone 18 Pro components due to lower-than-expected demand, according to Nikkei Asia ($). Citing its own sources, the report claims that Apple has been more cautious about shipments since early September because of the rising cost of memory chips, leading to higher prices. Component orders for October were said to have been cut by at least 15 percent compared with what was originally requested.
iPhone Ultra Production Hitting Just 'a Few Hundred' a Day, Says Nikkei
Apple last month only managed to produce "a few hundred units a day" of its upcoming foldable iPhone because of the company's extremely high quality control standards, according to Nikkei Asia ($), citing supply chain sources. From today's report: "Production is ramping up slowly, with output currently at only a few hundred units a day in late August.
Seattle slips in ranking of best U.S. cities for foreign investment, fueling concerns about business climate
The fourth annual list compiled by British newspaper Financial Times and stock market index Nikkei ranks Seattle 13th among 95 U.S. cities — a drop of 11 places from last year's second-place position.
Boston leads list of best places for foreign businesses in FT-Nikkei ranking
Massachusetts capital pulls ahead of previous winner Tampa on skilled workforce and rising investment
Seven & i to Delay US Unit’s Public Listing, Nikkei Reports
Seven & i Holdings Co. will delay a public listing of its US convenience-store business planned for later this year, saying it needs more time to turn the business around while navigating uncertain market conditions.
Apple's foldable iPhone encounters engineering snags, faces potential shipment delays, Nikkei Asia reports
Apple has been encountering setbacks in the engineering test phase of its first foldable iPhone, which could lead to delays in its mass production and product shipment schedule, Nikkei Asia reported on Monday, citing sources.
Europe Might Be Forcing Nintendo To Revise The Switch 2
A revision with a replaceable battery, according to Nikkei
Global stocks reach record highs; BP annual profits slump 16%
Japan’s Nikkei jumps to new peak in extended rally after Sanae Takaichi’s party secures election victory; London-listed oil giant BP suspends share buyback