![]() ![]() But its supply chain is vast, and the company's executives have warned investors in the past against fixating on sparse data points from it. 1 earnings.Īpple declined to comment on the market moves. The stock is now down about 8 percent since its Nov. ![]() Its share price, hit at the time of the forecast, has since extended losses after profit warnings from suppliers like Japan Display Inc, British chipmaker IQE Plc and Lumentum Holdings Inc. Underscoring flattening iPhone unit sales, it also said it sold 217.7 million iPhones in its most recent fiscal year, virtually unchanged from the year before and well below a high point of 231.2 million in fiscal 2015. ![]() In its latest earnings this month, Apple shocked investors with a lower-than-expected sales forecast for the holiday shopping quarter and with its announcement that it would stop reporting unit sales for its hardware products as has been customary for the last 20 years. Account icon An icon in the shape of a person's head and shoulders. ![]()
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