Apple Stock Tumbles 7% on Soft Guidance as Memory Cost Crisis Threatens Margins
Apple Shares Plunge on Disappointing Revenue Outlook Apple Inc. (AAPL) shares sank approximately 7% on Friday, erasing billions in market capitalization after the Cupertino giant delivered a fiscal third-quarter report that, while beating earnings estimates, issued a revenue forecast that fell sharply below Wall Street expectations. The selloff highlights growing investor anxiety over the company’s … Read more
