The chief executive of Canada's biggest wireless company said on Thursday that he is seeing little demand for Apple Inc.'s iPhone 8, adding to concerns about prospects for sales of the device. "What we're seeing is sort of ... anemic appetite for the iPhone 8," Rogers Communications Inc. chief executive Joe Natale said in an quarterly earnings conference call. "The iPhone 10 price point is about 75 per cent higher than the iPhone 7. Apple shares fell more than two per cent to close at $155.98 US on Nasdaq as brokers and traders speculated about demand for the iPhone 8. Jump in wireless subscribersRogers added 129,000 net postpaid wireless subscribers in the quarter, the largest jump in such high-value customers in eight years and more than the 113,000 average of analyst expectations.

Source: CBC News October 19, 2017 16:07 UTC