Apple stock is up nearly 3% today after a report from the Nikkei Asian Review stated that the company is increasing its production of the iPhone 11 by 10%.
Apple Stock Climbs on Increased Chinese DemandApple Inc (NASDAQ:AAPL) released the iPhone 11 last month at an entry point price of $699 USD, which has been driving sales compared to last year’s model, the iPhone XR, which had a starting price of $749 USD. As a result of the increased consumer demand, Apple has ordered approximately 8 million more units, or 10%, of the iPhone 11 ...
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