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Why Apple Stock Fell Today

TheMotleyFool

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Shares of Apple (NASDAQ: AAPL) declined by 3% on Thursday, following reports of delayed Mac shipments.

Coronavirus-related lockdowns in China are placing a kink in global supply chains. Many Chinese equipment manufacturers have had to shut down their operations in recent weeks. That's forcing Apple to lengthen its shipping times for its popular Mac Pro laptops, according to Bloomberg, with some delivery dates extending as far as mid-June.

Image source: Getty Images.

Source Fool.com

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