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Apple Shares Slip for Second Day Amid Foldable iPhone Production Delays
Electronic Technology · Computer Peripherals · yonhap_finance · 2026-09-08
Apple stock fell for a second consecutive session as reports of strict quality control and limited initial production capacity for its first foldable iPhone emerged.
What Happened
Production Hurdles: Apple shares have declined for two consecutive days following reports that its first foldable iPhone faces limited initial production. Sources indicate that stringent quality control standards and rigorous durability testing have delayed the ramp-up of commercial manufacturing.
Market Reaction: The stock closed at $316.22 on the 8th, down 1.2%, following a 2.5% drop in the previous session. Investors are reacting to concerns that supply constraints could impact the device's market debut.
Industry Outlook: Market research firm TrendForce estimates the starting price for the foldable model could exceed $2,000. Meanwhile, IDC has warned of broader smartphone market headwinds, citing memory chip shortages and declining global shipment volumes.
Upcoming Catalyst: The company is set to host a product launch event on the 9th, marking the debut of new CEO John Ternus. Market participants are closely watching the event for further details on the new iPhone lineup and the company's strategic direction.