Apple stock tumbles after analyst says iPhone 16 orders cut by 10 million units, sees 'no evidence' AI boosting demand
Kuo is bullish on Apple's yet-to-be-released AI features but said it would likely take new hardware iterations to grow iPhone sales.
Apple analyst Kuo says company cut iPhone 16 orders by 10 million units
Apple shares slid on Wednesday after industry supply chain analyst Ming-Chi Kuo said the company has cut orders for the iPhone 16 by about 10 million units.
Apple falls 2% after analyst Ming-Chi Kuo highlights cut iPhone orders
The shares are down 2% in midday trading to $231.37. Published first on TheFly – the ultimate source for real-time, market-moving
Apple drops as analyst says iPhone 16 orders cut
Apple (AAPL) shares dropped 1.8% after TF International Securities' analyst Ming-Chi Kuo said iPhone 16 orders have been cut by around 10M units. Read for more.
Apple stock slips after a big cut for iPhone 16 orders
Shares of Apple (AAPL) closed down 2.16% on Wednesday after a report that the iPhone maker cut orders for its latest version by millions of units.
Apple’s iPhone 16 orders cut by around 10M units for 4Q24-1H25, analyst Kuo says
Apple (AAPL) analyst Ming-Chi Kuo says his latest industry survey shows that Apple iPhone 16 orders were cut by around 10M units for 4Q24-1H25,
Apple Stock Drops After Analyst Reports Cut In iPhone 16 Orders
Apple stock fell Wednesday after a noted analyst reported that the consumer electronics giant has cut orders for its iPhone 16 smartphones.In a blog post, TF International Securities analyst Ming-Chi Kuo said Apple cut its iPhone 16 orders by about 10 million units for the fourth quarter and first half of 2025.
Apple down as top analyst Kuo says company cut iPhone 16 orders by 10M units
Apple fell Wednesday after Market analyst Ming-Chi Kuo at TF International, known for his knack of nailing predictions on Apple, delivered a gloomy update on iPhone 16 demand, saying the tech giant has cut a total of 10
Kuo again predicts doom for new iPhone because of order cuts
In a sketchy new report, analyst Ming-Chi Kuo concludes that Apple Intelligence is a failure because Apple may have cut ...
Report: Apple slashes iPhone 16 orders by 10 million units, but Pro sales look strong
Apple has reportedly cut iPhone 16 orders by around 10 million units heading into the end of the year, but it’s not bad news ...
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iPhone SE 4 Mass Production Timeframe Revealed as Launch Gets Closer
Apple suppliers will begin mass production of the fourth-generation iPhone SE in December, supply chain analyst Ming-Chi ...
Apple Stock Is Sliding Wednesday: What's Going On?
Apple Inc (NASDAQ:AAPL) shares are trading lower Wednesday afternoon after an analyst reported that iPhone 16 orders were cut ...