Apple slides as supply snags cloud outlook, putting iPhone demand in focus
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Apple slides as supply snags cloud outlook, putting iPhone demand in focus
REUTERS
PUBLISHED 1 HOUR AGO
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Apple (AAPL-Q -1.41%
decrease
) shares dropped 7.3 per cent before the bell on Friday as the tech giant warned that supply constraints would hurt growth, prompting investors to look beyond near-term shortages to gauge the hit from an expected iPhone price hike.
The decline puts Apple on track to shed roughly US$361.6 billion in market value, if the l…
Read full article at The Globe and Mail ↗
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