July 27, 2021 Sophia Vida

Apple Shares Fell For This Reason Despite Crushing Earnings Expectations

iPhone maker Apple reported its fiscal third quarter earnings on Tuesday. While the company demolished expectations, shares were still in the red anyway after the company warned of an iPhone chip supply constraint. For the third quarter, all of Apple’s major product lines grew over 12% on an annual basis and iPhone sales increased nearly … Continue reading “Apple Shares Fell For This Reason Despite Crushing Earnings Expectations”