Apple stock slips after a big cut for iPhone 16 orders

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In This Story AAPL -2.21% Shares of Apple ( AAPL -2.21% ) closed down 2.16% on Wednesday after a report that the iPhone maker cut orders for its latest version by millions of units. Suggested Reading Elon Musk says Tesla will open ride-hailing to the public in two states next year Video games are the latest twist on the airport lounge Tesla stock soars after beating analysts' profit expectations Prada is making spacesuits for NASA and the price tag is out of this world CC Share Subtitles Off