Apple slashes iPhone 8 orders
 

No one is buying Apple's turkey

Apple shares took a tumble after the outfit slashed orders for its iPhone 8 because of poor sales.

Apple lost $23 billion off the tech giant’s market value and stock fell as much as 3 per cent to a near two-week low of $155.02.

Taiwan’s Economic Daily News said Apple has reportedly asked its suppliers to reduce iPhone 8 and iPhone 8 Plus production by nearly 50 per cent in November and December. So much for Christmas sales.

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