Apple Stock Can't Keep Up With the Market. iPhone Doubts May Be Why. | Barron's

2022-05-28 02:52:57 By : Ms. Annie Chang

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https://www.barrons.com/articles/apple-stock-iphone-sales-51653500225

Investors are getting a little jittery about the outlook for Apple iPhone sales.

Apple (ticker: AAPL) generates more than half of its revenue from the smartphones, without even counting the billions of dollars brought in by the App Store and the growing suite of iPhone-based services. And right now, there are worries that the combination of Covid-related manufacturing shutdowns in China, component shortages, and signs of softening in the consumer economy are putting current Street expectations for the iPhone at risk.

Investors are getting a little jittery about the outlook for Apple iPhone sales.

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