Concerns over weak demand for the new iPhone 8 sent Apple shares down by the most in two months on Thursday, shaving $23bn off the tech giant’s market value.
The stock fell as much as 3 per cent to a near two-week low of $155.02.
The drop comes after 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.
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