TradingKey – As of pre-market on October 9 ET, Apple (AAPL) shares fell over 2% pre-market due to rumors that Apple cut iPhone 18 Pro orders. Against the backdrop of the stock previously approaching a periodic high near $345, this news drove a notable pullback in Apple’s pre-market stock price.

According to Nikkei Asia, Apple has notified several suppliers of cuts to near-term component production plans for the iPhone 18 Pro and iPhone 18 Pro Max. Since early September, the company has become more cautious regarding shipment expectations, with October component orders reduced by 15% to 20% compared to original plans. Currently, the iPhone 18 Pro and Pro Max start at $1,199 and $1,299, respectively, both up $100 from the previous…