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Stocks

Electronic parts makers' shares down as iPhone sales struggle

TOKYO -- Murata Manufacturing and Alps Electric fell for the first time in five trading days Friday as rumors swirled that Apple might get suppliers to cut prices.

With iPhone sales struggling, foreign media coverage of Apple's appeal for lower component prices led investors to sell on fears that parts makers' business performance could suffer. A slight weakening by the yen had lifted such shares, enabling profit-taking.

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