Apple Stock Drops on Foldable iPhone Delay Fears

Apple stock was falling Tuesday after a report said the tech giant could be facing delays in launching its highly anticipated foldable iPhone. The Apple release has been expected for months, but customers and investors might have to wait a little longer, according to a report by Nikkei Asia. Apple is dealing with issues in the engineering test phase of the foldable iPhone, which could lead to delays in its production and shipment schedule, Nikkei Asia reported, citing sources familiar.