Apple set to lose nearly $500 billion in value after weak forecast
· economictimes.indiatimes.com
Apple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impacting chip availability for major tech firms. This situation threatens to shrink both the personal computer and smartphone markets this year. Apple's services business also showed weakness, worrying investors about future revenue streams. Analysts are questioning Apple's supply chain leverage and the AI impact on its products.
Live Events
SERVICES WEAKNESS WORRIES INVESTORS
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subs...