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Apple reportedly cuts iPhone 18 Pro component orders by at least 15% for October after $100 price increase

AI Market Summary
Nikkei Asia reports Apple asked some suppliers to cut iPhone 18 Pro component output after weaker-than-expected demand, with October orders reduced by at least 15%. Higher flagship pricing tied to AI-driven memory costs appears to be pressuring volumes, while RAM specs are unchanged versus prior models. The news signals near-term iPhone revenue and supply-chain caution, potentially weighing on Apple sentiment and related hardware suppliers.
Impact level
● Medium
Affected assets
NCSKAAPL2USD/USDT-1.33%
AI Insight · NCSKAAPL2USD/USDTAI Insight
▼ Bearish
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Apple has asked some suppliers to scale back iPhone 18 Pro component production after demand came in below expectations, with October orders reduced by at least 15%, Nikkei Asia reported. The iPhone 18 Pro and iPhone 18 Pro Max start at $1,199 and $1,299, respectively, each $100 higher than the models they replace. Apple has attributed broader price increases across its lineup to AI-driven memory chip cost increases, even though the new Pro models keep the same RAM as last year.