Apple stock fell Friday after the consumer electronics giant missed views with its September-quarter sales outlook.
Apple Forecasts Slowing Growth Due To Chip Shortages
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11:51 AM ET 07/31/2026
Consumer electronics giant Apple (AAPL) says it can't meet demand for iPhones and other products due to chip shortages impacting production. Apple stock fell Friday after the company missed views with its September-quarter sales outlook. The Cupertino, Calif.-based company late Thursday beat Wall Street's targets for its fiscal third quarter ended June 27, but guided below forecasts for sales in…
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Memory prices will continue to increase, Tim Cook said.
