Consumer disappointment with Apple’s new iPhone offerings have sent shares of the tech giant’s key suppliers in Asia, notably those in Taiwan, further into the red as earlier hopes of a supercycle for the flagship device have faded.
In the run-up to the iPhone’s 10th anniversary, shares of Apple AAPL, -1.25% and stocks linked to its supply chain have notched strong gains, driven by hope that a game-changing offering was in the works.