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What's going on with Apple Supply Constraints

Apple Supply Constraints

Finance · 3 reports · 2 sources · Updated 5h ago

The story so far

Apple Supply Constraints

Tracked across 2 sources · Updated 5h ago

Apple's Q3 earnings beat but Q4 revenue forecast of 9-11% growth missed expectations due to memory supply constraints and currency headwinds. Stock dropped in after-hours and next morning.

How it unfolded

  1. 7h ago

    Stock slides 6% as retail mood turns dim

  2. 1d ago

    Apple misses Q4 revenue forecast on supply shortages

What happened earlier

Latest updates

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Apple Stock Drops 6% on Weak Forecast

in5points

  1. Apple (AAPL) stock fell 6% after the company issued a forecast miss.

  2. Apple cited ongoing supply constraints and currency headwinds as factors weighing on its business in the current quarter.

  3. Retail investor sentiment turned negative, but traders suggest taking a closer look at the stock.

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5h ago

Earlier · 9h ago

Full story →

Apple slides after supply shortages hurt its sales forecast

in5points

  1. Apple's fiscal fourth-quarter revenue is expected to grow 9% to 11% through September.

  2. Supply shortages are impacting Apple's sales forecast, causing stock decline.

  3. The revenue guidance was provided on Apple's post-earnings conference call on Thursday.

9h ago