On Thursday, Apple reported earnings showing a record June quarter across products and geographies. But Apple executives are wary going forward and are warning that supply constraints might make landfall on its financials.

Apple executives are expecting revenue growth in the current quarter ending in September to come in less than analyst expectations, driven largely by supply constraints for Macs, iPads and iPhones. The supply constraint is mostly impacting Apple’s access to advanced chips, something that the Cupertino giant has been warning about for months. But soaring memory prices are also painting a concerning picture for both Apple and…

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