Apple (AAPL) Cutting Production Amid Geopolitical Tensions

Published: March 29, 2022, 8:44 p.m.

b"As Apple (AAPL) shares are on pace to close higher for their eleventh consecutive trading session, Greg Martin joins The Watch List to break down the company's recent strength and related headlines. Apple announced it is cutting production of its iPhone SE, 13 and Airpods due to global factors such as Russia's invasion of Ukraine and high levels of inflation. Martin says he sees slower demand facing the company along with new restrictions out of the European Union which could impact the company's market dominance and impact the stock in the long term."