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What's going on with Apple Supply Constraints

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BusinessAsianet Newsable

AAPL Stock Drops 7% After-Hours — Apple's Q3 China Sales Slow, Tim Cook Flags Memory Supply Constraints Affecting Q4 Revenue

in5points
  1. Apple's stock dropped 7% in after-hours trading.

  2. Apple's Q3 China sales slowed.

  3. Tim Cook cited memory supply constraints affecting Q4 revenue.

  4. Apple expects September quarter revenue growth between 9% and 11%, below expectations.

Asianet Newsable

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Rajeev Chandrasekhar

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