country flagالعربية
0
0

Apple shares down 2% after reports to cut production of "iPhone X"

2018-01-29 03:51 pm | Resource: News Section | No Views : 274

Apple shares down 2% after reports to cut production of "iPhone X"

Apple fell 20 per cent on Monday, the worst performer in Dow Jones.
The drop came after media reports that the production of iPhone X was halved due to poor sales and many complaints.
By 3:09 pm GMT, Apple fell 2 percent to $ 168.13.
The shares of the US company faced strong pressure after news reports revealed that Apple plans to reduce its production target of iPhone X to 20 million units in the first quarter of the new year.
Apple is expected to maintain a total production target of 30 million units of the lowest-priced versions, the report said.


Other analysis

Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.