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Apple disappoints with forecast dogged by supply chain struggles
Jul 31, 2026
The Economic Times

Apple disappoints with forecast dogged by supply chain struggles

Apple forecast slower sales growth for the quarter ending in September as supply chain struggles hit product delivery. Shares fell 5.5% after the news. Chief Executive Tim Cook said, "We're seeing some very significant supply constraints currently." The company now expects revenue growth of 9% to 11% this year.