Apple shares drop on iPhone chipmaker TSMC forecasting $1B less in revenue

AppleInsider
Apr 19, 2018, 9:41 am273 pts
Apple's share price dropped about 3 percent during pre-market trading going into Thursday, on word that TSMC -- the manufacturer of A-series processors for iPhones and iPads -- is expecting about $1 billion less revenue for the second quarter than Wall Street forecasts.

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