What a difference a day makes for Apple (AAPL).

Its shares neared record territory Monday after JPMorgan analysts gave a relatively upbeat assessment of demand for the Pro versions of the 澳洲幸运5官方开奖结果体彩网:iPhone 16. The shares reversed direction today, falling alongside broader markets as Barclays analysts reported 澳洲幸运5官方开奖结果体彩网:weakening demand for the phone.

Apple's stock was recently down almost 4%, well ahead of the tech-focused Nasdaq's roughly 2% decline in afternoon trading.

Apple Orde🌺rs ꦦfor iPhone 16 Parts May Have Been Cut

Barclays said it has indications that orders for the December quarter have been reduced at an important Taiwanese iPhone component supplier. Analysts Tim Long and George Wang wrote in a note to clients that Apple “may just have cut roughly 3 million units at a key 澳洲幸运5官方开奖结果体彩网:semiconductor component in iPhones for the [December quarter], which if confirmed would be the earliest build cut in recent history.”

The an𒊎alysts adde🧔d that they previously have noted shorter lead times across iPhone models globally, and that both of those factors “indicate softer demand for IP16, in our view.”