US Stocks Move: Apple (AAPL.US) plunges over 9% at the open as supply constraints hit earnings guidance

智通财经APP reported that on Friday, Apple (AAPL.US) opened sharply lower. As of press time, it was down over 9%, with a market capitalization of approximately $4.4 trillion, losing its place as the company with the world's highest market value. According to reports, Apple released its third fiscal quarter earnings report. Overall revenue and iPhone sales slightly exceeded expectations, but performance in its services segment and the China market fell short. Surging memory prices and tightening supply of advanced process chips are emerging as the company's biggest operational risks, raising doubts about the outlook for the upcoming critical holiday sales season.