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The Economic Times

Global Business / The Economic Times

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Apple disappoints with forecast dogged by supply chain struggles

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.

31 Jul 2026 6:48 am