Apple has reported a cutback in the production of the new iPhone X, which went on sale late last year. The company announced that due to low sales in the European, Chinese and American markets, the production of the iPhone X will be cut back by half. Apple has already informed the suppliers of component parts about the decrease in the number of orders. Following the sales, Apple shares are slowly going down.
Over the last week, Apple shares fell by 6.3% and will continue their further negative movement on the news. Trading will be available during the American session, from 14:40 to 21:00 GMT.
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