28-07-2022 18:47 via macdailynews.com

All eyes on Apple as company reports June quarter earnings on Thursday

Apple’s supply chain in China was constrained in the June quarter as the Chinese Communist Party enacted draconian lockdowns in a futile “zero-COVID” quest. The extent of the impact will be revealed when the Cupertino Colossus reports fiscal third-quarter results Thursday after market close.Shanthi Rexaline for Benzinga:Cupertino’s stock has shed about 11.5% year-to-date. This compares to the 15.6% drop by the S&P 500 Index and the 23% plunged by the tech-heavy Nasdaq
Read more »