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Market Impact: 0.35
Apple stock sinks despite record earnings as a new threat hits its margins
Source: invezz.com
Corporate EarningsCorporate Guidance & OutlookTechnology & InnovationConsumer Demand & Retail
Apple reported record sales but warned that memory-chip costs would squeeze profits during the holiday season. Shares fell 2.8% to $328.85 in after-hours trading Monday, after closing the regular session down 1.83% at $338.32.
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Overall Sentiment
mildly negative
Sentiment Score
-0.25
Ticker Sentiment
AAPL-0.40
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