Apple anticipates slower sales growth this quarter due to supply chain issues. The company faces challenges in obtaining necessary parts for product delivery. This forecast led to a significant drop in Apple's stock value. Despite strong third-quarter results, future growth faces component shortages. Executives highlighted supply limitations rather than a lack of customer demand.

July 29 : Qualcomm forecast fourth-quarter profit below Wall Street estimates on Wednesday, and said revenue from Apple products would decline faster than expected as supply…

Shares of the company were down more than 4% in extended trading on Wednesday, while Apple shares were flat.