{"id":1025432,"date":"2026-08-01T08:08:53","date_gmt":"2026-08-01T02:38:53","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1025432"},"modified":"2026-08-01T08:13:02","modified_gmt":"2026-08-01T02:43:02","slug":"apple-shares-tumble-9-on-supply-worries-on-track-for-worst-single-day-fall-in-over-6-years","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/01\/apple-shares-tumble-9-on-supply-worries-on-track-for-worst-single-day-fall-in-over-6-years\/","title":{"rendered":"Apple shares tumble 9% on supply worries, on track for worst single-day fall in over 6 years"},"content":{"rendered":"<p>Apple shares tumbled 9.44% to $301.95 on Friday after the iPhone maker issued a weaker-than-expected outlook, citing component shortages as the AI-fuelled data-centre boom strains global supply chains, Reuters reported. <\/p>\n<p>The stock shed $31.48 in the session, slipping from its previous close of $333.43. <\/p>\n<p>If the decline holds, it would be Apple\u2019s steepest one-day fall since the pandemic-driven selloff of March 2020 and would wipe nearly $500 billion from its market value. The slide would also return the title of the world\u2019s most valuable company to AI chipmaker Nvidia, just days after Apple reclaimed it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple shares tumbled 9.44% to $301.95 on Friday after the iPhone maker issued a weaker-than-expected outlook, citing component shortages as the AI-fuelled data-centre boom strains global supply chains, Reuters reported. The stock shed $31.48 in the session, slipping from its previous close of $333.43. If the decline holds, it would be Apple\u2019s steepest one-day fall since the pandemic-driven selloff of March 2020 and would wipe nearly $500 billion from its market value. The slide would also return the title of the world\u2019s most valuable company to AI chipmaker Nvidia, just days after Apple reclaimed it.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1025432","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1025432"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025432\/revisions"}],"predecessor-version":[{"id":1025451,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025432\/revisions\/1025451"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1025432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1025432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1025432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}