Apple Shares Slide After Supply Shortages Impact Sales Forecast
Guidance·3 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Apple Inc. tumbled in late trading after component shortages weighed on the company’s sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated.
Shares of Apple plunged on a warning of slower sales in the coming months.
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Sources
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SourceReports the news
“Apple Inc. tumbled in late trading after component shortages weighed on the company’s sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated.”
Bloomberg — Apple Slides After Supply Shortages Hurt Sales Forecast“Shares of Apple plunged on a warning of slower sales in the coming months.”
bbc — Apple warns of future 'supply constraints' for Mac, iPhone, iPad