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Bearish

Apple cuts iPhone 18 Pro component orders by 15–20% amid soft demand

Apple has reportedly reduced component orders for its iPhone 18 Pro and iPhone 18 Pro Max by 15–20% for October, indicating weaker-than-expected demand for its latest flagship devices. This decision follows a $100 price increase on the Pro models, which may have impacted consumer interest. Additionally, rising memory chip costs have been squeezing Apple's profit margins.

Key points

  • Apple cuts iPhone 18 Pro component orders by 15–20% amid soft demand
  • $100 price increase on iPhone 18 Pro models may have dampened consumer interest
  • Rising memory chip costs are squeezing Apple's profit margins

Sources

AI-generated from public news sources. Not financial advice.

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