Apple Leads Tech Sell-off After Analyst Warns Of Light Iphone 16 Demand

Apple's new iPhone 16.AppleApple shares were down 3% on Monday, leading a drop in the wider tech sector. The slide came after analyst Ming-Chi Kuo warned of light iPhone 16 demand.Semiconductor shares are also down, weighing on the Nasdaq.Apple shares tumbled about 3% on Monday, leading a broader tech selloff that weighed on the Nasdaq Composite.

 

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