Morning Business Report: Apple reportedly cuts iPhone 18 parts orders as Halloween spending and Disney ticket prices rise
Apple has reportedly instructed some suppliers to reduce parts production for its iPhone 18 and iPhone 18 Pro models, raising questions about demand for the company's newest smartphones.
(LILAMAX)- Apple has reportedly instructed some suppliers to reduce parts production for its iPhone 18 and iPhone 18 Pro models, raising questions about demand for the company’s newest smartphones.
According to Nikkei Asia, the production adjustments could indicate weaker-than-expected consumer demand.
The reported cuts come as Apple’s iPhone 18 Pro lineup carries higher prices than previous models. The iPhone 18 Pro starts at $1,199, while the Pro Max starts at $1,299, with both models priced $100 higher than their predecessors.
Meanwhile, Halloween candy prices continue to climb, but Americans are still expected to spend billions on treats.
According to the Bureau of Labor Statistics, prices for candy and chewing gum increased 8.1% in August compared with the same month last year.
Despite those increases, the National Retail Federation projects Americans will spend $4.1 billion on Halloween candy this year.
On Wall Street, the Dow Jones Industrial Average climbed 400 points Friday, helping stocks finish the week with gains.
Investors appeared to look past geopolitical tensions, rising oil prices and elevated interest rates.
A new report also suggests inflation is changing how Americans eat during the workday.
According to ezCater’s lunch report, 54% of U.S.-based full-time employees missed a work lunch at least once a week in 2026.
The report found 81% of respondents changed their workplace eating habits because of inflation, while work pressures were another reason employees skipped lunch.
Disney visitors are also facing higher costs.
The company increased ticket prices this week, pushing the cost of a one-day Park Hopper pass above $300 on peak weekends.
Although the multi-park ticket is advertised at $280, additional fees and $18.40 in taxes bring the checkout total to $301.40.
Disney is also experimenting with an artificial intelligence chatbot on its website to help visitors find less expensive dates to visit its parks.
