Apple and Alphabet are, among others , due to post their fourth-quarter results this week and all are facing their "own set of challenges," according to tech fund manager Jeremy Gleeson. It comes after Microsoft issued a disappointing revenue forecast last week , but its stock held up better than expected. Gleeson, who manages the £1.
line Apple and Alphabet make up 8.7% and 7.8% of the AXA Framlington Global Technology fund respectively. Apple The biggest concern for investors is the loss of demand for Apple's products due to a lack of supply, according to Gleeson. Apple, which makes 95% of its products in China, has grappled with supply-chain issues since Beijing enforced its zero-Covid policy in 2022.
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