Why Apple Stock Was Sliding Today (Yahoo! Finance: Company News)

Yahoo! Finance: Company News
Why Apple Stock Was Sliding Today – Shares ofApple(NASDAQ: AAPL) were falling today on yet another data point showing weak iPhone sales heading into the new year. Market research firm Trendforce cut its forecast for iPhone shipments in 2022 after a COVID-19 outbreak in Zhengzhou, China where Foxconn manufactures iPhones. Due to the capacity crunch at the …

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