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Apple set to lose nearly $500 billion in value after weak forecast
July 31 : Apple shares fell nearly 10 per cent on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as the AI-driven data center boom strains global supply chains.The drop, if sustained, would mark the stock's worst day since the pandemic-driven sell
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economictimes.indiatimes.com
Apple revenue drop: Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate - The Economic Times
Shares of the company were down more than 4% in extended trading on Wednesday, while Apple shares were flat.
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techcrunch.com
Apple stockpiles inventory as it braces for 'significant supply constraints' | TechCrunch
Apple is worried enough about supply shortages that it reported about $11.1 billion in inventory, which is almost double the $5.7 billion it reported last September.
