Apple shares sank as much as 4.5% Monday following a report that the tech giant has scaled back production orders for its new entry-level iPhone XR model. The company’s stock drop — pushing Apple’s market cap below $1 trillion — comes after shares closed down 6.6% last Friday, to $207.48 per share, as investors reacted […]

Topics:  xr   apple s   stock   report   production   shares   
BING NEWS:
  • Apple Stock Jumps on Better-Than-Expected Earnings, $110 Billion Buyback Program
    Through Thursday's close, the stock had lost 10% of its value so far this year amid concerns about the state of the iPhone business and weakness in China. Correction—May 2, 2024: This article ...
    05/1/2024 - 1:00 pm | View Link
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