Apple warns of supply constraints from China lockdowns, overshadowing record quarter

April 29, 2022 7:08 AM

LOS ANGELES (BLOOMBERG) – Apple predicted that supply constraints would cost US$4 billion (S$5.55 billion) to US$8 billion in revenue during the current quarter, a warning that sent the shares tumbling and cast a pall on record-setting results that the company just reported.

Source : https://www.straitstimes.com/business/companies-markets/apple-warns-of-supply-constraints-from-china-lockdowns-overshadowing-record-quarter

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