Apple Slides After Supply Shortages Hurt Its Sales Forecast
Guidance·4 articles across 4 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. This signals that industrywide supply constraints are taking a bigger toll than anticipated.
The company's disappointing sales forecast has raised concerns among investors about the ongoing impact of supply chain issues in the tech sector.
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“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 Its Sales Forecast