Apple slides as supply snags cloud outlook, putting iPhone demand in focus

July 31 : Apple shares dropped 7.3 per cent before the bell on Friday as the tech giant warned that supply constraints would hurt growth, prompting investors to look beyond near-term shortages to gauge the hit from an expected iPhone price hike.The decline puts Apple on track to shed roughly $361.6 billion in market va

Apple spooked Wall Street on Thursday by warning it expected a "significant" hit from growing supply constraints for its most popular products.

Shares of Apple plunged on a warning of slower sales in the coming months.

Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast  Reuters