TradingKey – On July 31, Eastern Time, Apple ( AAPL) fell to the $300 mark after announcing its third-quarter earnings. Its total market capitalization slid back to $4.4 trillion; however, just a few days earlier, Apple’s market capitalization had just crowned the global rankings, reaching $5 trillion.

Although Apple’s third-fiscal-quarter results were strong, with total revenue and iPhone revenue slightly exceeding expectations, performance in its services business and the Chinese market fell short of expectations.

More importantly, component shortages weighed on the tech giant’s sales outlook. During the earnings call, Apple executives projected that the company’s fourth-quarter fiscal revenue would grow by 9%-11%. The guidance range as…