Apple Scales Back iPhone 18 Orders as Price Hike Cools Demand

T2Covered by 1 source · first reported by PYMNTS at 09 Oct, 19:41 UTC

Apple has reduced its orders of components for the latest iPhones for October by at least 15%, Reuters reported Friday, citing a paywalled article by Nikkei Asia. The cuts include components for Apple’s newly launched iPhone 18 Pro and iPhone 18 Pro Max, according to the report. Apple has grown…