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What's going on with Apple Supply Constraints

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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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