Scutley Posted September 23, 2016 Share Posted September 23, 2016 (edited) Quote Apple shares dip 2% amid iPhone sales concerns Anita Balakrishnan | @MsABalakrishnan Friday, 23 Sep 2016 | 5:10 PM ETCNBC.com Shares of Apple briefly dipped more than 2 percent in heavy afternoon trade Friday, taking 11 points off the Dow Jones industrial average with the stock as the third-greatest contributor to declines in the index. The iPhone maker's shares fell to a low of $111.15 a share before closing down 1.7 percent at $112.71 a share. Declines accelerated after a report from market research company GfK that supposedly raised concerns about sales of the latest iPhone. The findings are based on point-of-sale data in 17 countries during the launch weekend. GfK confirmed the existence of the report to CNBC, but said it is exclusively for subscribers, and would not divulge its contents. Meanwhile, a separate report in technology website Digitimes indicated that chip orders for the iPhone 7 and 7 Plus will likely fall about 20 percent sequentially in the first quarter of 2017, citing chip suppliers. Continues... ----- Quote If you plan on posting news that is from other sources or news sites, please keep the following in mind: 1) Please do not post entire articles from other sources. Most news organizations prohibit copy & pasting of their entire article. It is against the "fair usage" policy set by most news outlets. They expect a paragraph posted, at most, with a link to their article's web page. 2) Make sure that you link to the original article. Not quoting a copied article is against the copyright laws of most countries. 3) When linking to external sources, keep thread and article titles the same. and this is from the Apple Slappy TV Station CNBC. I'm surprised we haven't seen this on Neowin's main page. Edited October 4, 2016 by Andrew Link to comment Share on other sites More sharing options...
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