Apple's Asia suppliers fall amid fears of weak iPhone sales
Updated : November 13, 2018 09:41 AM IST
The Cupertino, California-based tech giant's shares fell to their lowest in more than three months on Monday after three suppliers cut their forecasts for iPhone sales in the coming holiday season.
vApple warned earlier this month that holiday sales would miss Wall Street expectations due to weakness in emerging markets including India and foreign-exchange costs.
Apple began shipping the iPhone XR on October 26 after two weeks of pre-orders. The company had released the more expensive iPhone XS and XS Max more than a month earlier.
Published : November 13, 2018 09:41 AM IST