According to a new report, Apple has now chose to cut iPhone 8 production orders by half.
Cramer said on " Squawk on the Street " that news about supply concerns or iPhone orders has plagued Apple investors "since the beginning of time".
Apple began selling its iPhone 8 on 22 September for $699 (£525) for 64GB handset, whereas the iPhone 8 Plus will set buyers back by $799 (£600).
A report out of Taiwan today claims that Apple is cutting its production orders for the iPhone 8 and iPhone 8 Plus by as much as 50 percent for the month of November and December.
So, what is causing the slow intake of the iPhone 8 among the American people, a market where the iPhone has generally performed much better than in other markets across the globe? So far, we've already heard reports that many fans are holding out for the release of the iPhone X, the company's high-end phone this year, ahead of the iPhone 8 Plus, which would otherwise have been the high-end offering.
Apple (NASDAQ AAPL) traded down 2.82% during mid-day trading on Tuesday, reaching $155.26. While the iPhone X includes a full-face organic light-emitting diode (OLED) display and an all-new aesthetic, the iPhone 8 and iPhone 8 Plus continue to use older liquid crystal displays (LCDs) and identical form factors to their predecessors.
This year, Apple can market the iPhone X at a starting price of $999 while still letting users who want the latest iPhone technologies, such as the improved cameras and upgraded internals, to buy new devices (the iPhone 8 and 8 Plus) at familiar price points of $699 and $799.
"Apple is hoping the later availability date for iPhone X will not affect iPhone 8 sales this quarter", Ian Fogg, mobile and telecoms analyst at IHS has previously said. "(But) this is the early innings of what we believe is the biggest iPhone product cycle with X leading the way".
While the iPhone 8 is now being sold, the iPhone X will be released on the 3rd of November, but the units will still be sold sparingly until next year.
Three Apple iPhones showing three different parts of Apple's App Store. "The Apple employee also got up close and personal with the iPhone X".
Analysts forecast USA crude inventories declined by about 4.2 million barrels in the week to October 13. Conflict would hit oil exports from Iraqi Kurdistan, now estimated at around 650,000 barrels per day.
The affected models include some of the model year 2015, 2016 and 2017 F-150's, as well as some 2017 Super Duty pickups. The F-Series pickups are huge profit drivers for Ford and are usually the best-selling vehicles in the U.S. every year.
If that restaurant is tied with the delivery service that Facebook has partnered with, you will be allowed to choose the service. On Friday, Facebook formally launched its new feature allowing users to order food from area restaurants using the app.
The European Union, too, announced new restrictions on Pyongyang for developing nuclear weapons and ballistic missiles. President Donald Trump's visit to Japan, slated to begin from November 5 among other matters, informed sources said.
Prime Minister Narendra Modi on Saturday said Centre and Bihar Government will do everything possible for Bihar's growth. Modi said that time has changed and there is urgent need for education reform in India.
The organization has a long history of taking anti-Israel measures, and supporting resolutions against the Jewish state. The U.S. will withdraw on December 31, 2018, but will remain active in the group as a nonmember observer.
Hafeez had been omitted from the squad that played Pakistan's previous T20I assignment: the home series against the World XI. Pakistan vs Sri Lanka 3rd ODI will begin at 4:30 PM IST (1100 hrs GMT) since it is a day-night fixture.
Silva's Watford side have had a surprisingly good start to the season as they now sit in fourth place on the Premier League table.
7 policemen killed, 22 hurt in explosion in Pakistan
Pakistani leaders, including Imran Khan, and members of the civil society condemned the attack, praying for the victims. According to first-hand accounts of the witnesses, it was a suicide blast, which was later confirmed by the police.
Dead, 2 Hurt In Shooting At Baltimore
Officials said Prince, who has a criminal history, fled the scene in a black 2008 GMC Acadia with DE plates PC64273. A Harford County District Court judge denied the order, saying the case didn't meet the required burden of proof.
LEGO Ideas Women of NASA launches this November
Lego is honoring the women of Hidden Figures while releasing its latest product created to foster interest in STEM careers. The set features four women who all worked with NASA in various roles, like astronaut, developer and astronomer.
Samsung launches NB-IoT GPS smart tag
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Building Collapse in Southern India Reportedly Kills Six People
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Jets fall to Patriots after controversial replay call
Having deferred on the opening coin toss, the Patriots were set up to receive the football to open the second half. Gostkowski was wide right on a 47-yard attempt in the second quarter - his first miss after making 12 straight.
Tillerson Just Saved $500 Million Withdrawing From UNESCO
The Reagan administration quit the organization in the 1980's, and the USA rejoined it only two decades later, under the George W. As for whether UNESCO members will change their stance on Palestine or make do without the USA , we'll find out in coming months.
Arvind Kejriwal's stolen Blue Wagon R auto recovered
Following this, police officials have started circulating the pictures of the accused in the different areas in Delhi. The vehicle was registered in AAP's name and was being used by party's media coordinator Vandana Singh.
Amazon Embraces Teen Shoppers; With Parent's Permission
And more trusting parents can elect to sidestep the per-item approval process and simply set an overall maximum budget. On this page, there's now a new option to add a teen, as well as configure the settings associated with their account.
Mother leaves behind toddler in corn maze
He says the boy was cold and frightened but unhurt when someone else found him at the maze Monday evening. It wasn't until Tuesday morning that the mother realized that her child went missing.