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MarketWatch First Take: Big Tech is still headed for its biggest year ever, but Apple and Amazon could cut into profit – Vested Daily
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MarketWatch First Take: Big Tech is still headed for its biggest year ever, but Apple and Amazon could cut into profit

Big Tech is still on track for its biggest year of sales ever by a wide distance, but holiday issues at Apple Inc. and Amazon.com Inc. could mean a profit decline.

The fourth quarter is definitely going to be lighter than Wall Street had previously expected, because of constraints that both Apple AAPL and Amazon AMZN talked about Thursday in the global supply chain, which are affecting their ability to meet the strong consumer demand for their products.

While…

This post was originally published on Market Watch

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