Apple’s Supply Chain Issues Are ‘Investor Distraction Vortex’ and ‘Blown Out of Proportion’: Analyst

Apple’s Supply Chain Issues Are ‘Investor Distraction Vortex’ and ‘Blown Out of Proportion’: Analyst
A customer holds the new green-colored Apple iPhone 13 Pro inside the Apple Store on Fifth Avenue in the Manhattan borough of New York City on March 18, 2022. Mike Segar/Reuters
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Problems with Apple Inc.’s supply chain have been “blown out of proportion” according to Gene Munster, Apple analyst and co-founder and managing partner at Loup Funds.

Munster said in a note published on April 29 that the tech giant’s supply chain issues are in fact an “investor distraction vortex” after the company predicted a decline in performance for its third quarter of fiscal 2022, ending in June.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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