Apple shares fell on Thursday as analysts expressed concerns about potential lower component orders for the upcoming iPhone 6S, suggesting weaker-than-expected demand. The decline reflects investor apprehension regarding the tech giant’s future performance in the competitive smartphone market.

Analyst Downgrades and Predictions

Several analysts have revised their forecasts for iPhone sales, citing data from Apple’s supply chain. These revisions point to a possible reduction in component orders, which is often a leading indicator of production adjustments and anticipated sales volumes.

Key Factors Influencing the Decline

• Slowing growth in the global smartphone market
• Increased competition from Android-based devices
• Uncertainty surrounding the Chinese economy, a major market for Apple

The combination of these factors has contributed to the negative sentiment surrounding Apple’s stock. Investors are closely monitoring the situation and awaiting official sales figures to gauge the true impact on the company’s bottom line.

Apple’s Response

Apple has not yet commented on the specific analyst reports. However, the company is expected to address investor concerns during its next earnings call. Market observers anticipate that Apple will emphasize its continued innovation and expansion into new product categories to reassure investors.