Apple warns of slower sales growth amid supply issuesPublished on: July 31, 2026 3:38 PM
Pakistan, July 31 -- Apple has forecast slower-than-expected revenue growth for the current quarter, citing ongoing supply chain constraints despite posting stronger-than-anticipated financial results for its fiscal third quarter.
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The technology giant expects revenue to grow between 9% and 11% in the quarter ending September, below Wall Street's expectation of approximately 12%. Following the announcement, Apple's shares fell 5.5% in after-hours trading as investors reacted to the cautious outlook.
Chief Executive Officer Tim Cook said the company continues to face significant supply challenges, particularly shortages of advanced chipmaking technology used to manufacture Apple's custom silicon...
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