Stocks Drop After Apple Slashes Orders For The iPhone 8


Apple shares fells 2.8 percent in early Thursday trading after reports out of Taiwan that the tech giant has slashed orders for the iPhone 8 and 8 Plus by nearly 50 percent for the rest of the year.

The production cuts are another blow for the brand new iPhone 8, which earlier in the week was reportedly being outsold by last year’s iPhone 7. Read more at NY POST.









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