Reuters
09 Oct 2026, 06:05 UTC · 1h ago
Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
Impact · against what's priced in
Apple's production cuts for the iPhone 18 Pro suggest the AI-driven upgrade cycle is underperforming. This directly undermines the high revenue growth required to justify the current stock price.
- AAPL−0.50
Challenges what's priced in
- The price assumes
Whether Apple can accelerate its revenue growth to the 17%+ the price requires, primarily through AI-driven upgrades
The price requires a significant growth acceleration to 17.3% CAGR; cutting orders for the high-margin Pro models due to soft demand indicates the expected AI upgrade supercycle is failing to materialize.
What AAPL's price assumes · Aug 31
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