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Ahead of earnings after the bell today, Apple stock is suffering its worse stretch since 1993
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Ahead of earnings after the bell today, Apple stock is suffering its worse stretch since 1993
Apple’s stock is under pressure as investors grapple with the impact of sharply rising memory chip prices on the company’s profitability. The iPhone giant’s upcoming earnings report, due after market close on Thursday, should offer the first clear insights into the extent of the issue. Since peaking on December 2, Apple shares have declined more than 10% — making it the weakest performer among the Magnificent Seven tech stocks and the single lar…
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