Apple stock is taking a hit in pre-market off a report from Nikkei that Apple’s orders for new iPhones are down about 20% compared to last year.
The report claims that iPhone 8, iPhone 8 Plus and iPhone X orders topped 100 million. This year, orders for the new 5.8-inch iPhone X successor, 6.5-inch ‘iPhone X Plus’ and cheaper 6.1-inch LCD iPhone, are in the 80 million range according to this report.
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