IPhone sales disappoint

Apple has told suppliers that demand for its new iPhone 13 lineup decreased ahead of the holiday season — and things may not get much better in the new year, according to a Bloomberg report.

The apparent lack of demand comes after Apple reportedly slashed its 2021 iPhone production goal from 90 million to as low as 80 million amid supply-chain issues. Shares closed down 0.6 percent, at $163.76.