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Apple (AAPL) shares slide after TF Securities analyst cuts estimates on supply worries

November 29, 2022 11:48 AM EST

Apple (NASDAQ: AAPL) shares dropped Tuesday after TF International Securities analyst Ming-Chi Kuo cut his 4Q22 iPhone shipments and said there are significant downside risks to the Apple and iPhone supply chain due to the Zhengzhou iPhone plant labor protests.

Kuo stated that the total iPhone 14 Pro... More