Apple Inc.AAPL
▼ NegativeSupplyCapitalrelevance
Component shortages hurt sales forecast, signaling supply constraints worse than anticipated.
Impact on stocks 1
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Apple Inc.Apple shares fell 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. The company also gave a weaker-than-expected forecast, further hurting the stock in the after market. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman reacted to the mixed earnings report.
Apple Inc.Component shortages hurt sales forecast, signaling supply constraints worse than anticipated.