Apple has warned its component suppliers that demand for the iPhone 13 lineup has weakened ahead of the holiday season, Bloomberg said. Apple had already cut its goals for production by 10 million down from 90 million units, Bloomberg said, based on supply shortages of components that have affected everything from cars to computers. Apple had initially told its suppliers it expected output...
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Instacart’s Bleak Second-Half Outlook: Slower Growth, Lower Profits
Instacart’s first couple of quarters on the public markets could come with slower revenue growth and lower profits than it reported in the first half, according to private forecasts from analysts at banks that underwrote Instacart’s initial public offering this month. The low expectations could further dent Instacart’s stock price, which has still been hovering around its IPO...
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