61 Days
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الاقتصادية
Wall Street Warns of $500B Loss for Apple
Apple's stock fell by around 10%, recording a loss of up to $500 billion in its market value, due to weak outlooks that caused disruptions in supply chains, especially a shortage of components linked to the surge in AI data centers. Former CEO Tim Cook confirms that the component shortage is significant and options are limited, threatening demand for products like the iPhone and Mac. It is also expected that revenues will grow less than initially forecast by up to 11% in the current quarter. Concerns have intensified over the weak performance of the services sector and the impact of rising prices, amid ongoing processor shortages and declining company inventory, which threaten sustainable growth and could lead to a reclassification of Apple’s market value, potentially positioning it behind Nvidia as the top company.
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