Opinion: The tech earnings boom is fizzling out, as Apple and Amazon face the same issues as everyone else

Opinion: The tech earnings boom is fizzling out, as Apple and Amazon face the same issues as everyone else
Opinion The tech earnings boom is fizzling out as Apple
Binance


Tech’s continuing financial dominance has been a huge part of Wall Street’s surge during the COVID-19 pandemic, but it appears that the supply-chain problems hurting other industries will not skip Big Tech. Amazon.com Inc. AMZN and Apple Inc. AAPL are prominent examples of tech companies expected to experience or forecast shortfalls related to the global supply chain in the coming earnings season. The overall decline in expectations means that the second quarter of 2021 will likely be the peak for earnings growth this year…



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