Apple, Amazon Results Spark Fears of an Unhappy Holiday Season - Bloomberg

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Apple Inc. and Amazon.com Inc. reported disappointing quarterly results in a sign that the global supply-chain crisis is hobbling even the mightiest companies, erasing hundreds of billions of dollars from their combined market valuations. 

Amazon, the world’s largest e-commerce company, is suffering because of a surge in the cost of labor and fulfillment. Apple, meanwhile, is taking a hit because it can’t meet demand for its products. 

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October 29, 2021 at 07:59AM
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Apple, Amazon Results Spark Fears of an Unhappy Holiday Season - Bloomberg
"results" - Google News
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