April 28, 2022 Sophia Vida
Company News

Shares of Apple Fall as Company Warns of Possible $8B Hit from Supply Constraints

While Apple reported this week that revenue grew nearly 9% year over year during the quarter ended in March, shares fell nearly 4% in extended trading after Apple CFO Luca Maestri warned of challenges in the current quarter. This includes supply constraints that could hurt sales by up to $8 billion. The company also warned … Continue reading “Shares of Apple Fall as Company Warns of Possible $8B Hit from Supply Constraints”