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Apple Slides After Supply Shortages Hurts Sales Forecast

Bloomberg Technology Thursday 30 July 2026, 22:20 UTC 1 min read
Key Points

Apple stocks tumbled 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. It also gave a forecast that is weaker than expected, further hurting the stock in the after market. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman reacts to the mixed earnings report.

Apple stocks tumbled 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. It also gave a forecast that is weaker than expected, further hurting the stock in the after market. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman reacts to the mixed earnings report. Bloomberg.com and Terminal subscribers can send in their questions for Carol Massar and Tim Stenovec to ask guests live on-air. Just go to Bloomberg.com/askradio (Source: Bloomberg)
Apple (ORG) Bloomberg News (ORG) Global Consumer Tech (ORG) Mark Gurman (PERSON) Bloomberg.com (ORG) Terminal (ORG) Carol Massar (PERSON) Tim Stenovec (PERSON)
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