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Apple's Happy Holiday Forecast Overshadowed by Shrinking Margin
Source: youtube.com
Corporate EarningsConsumer Demand & RetailArtificial IntelligenceCorporate Guidance & OutlookM&A & Restructuring
Bloomberg's Ed Ludlow says Apple's earnings point to strong holiday demand, but high memory costs and increased AI spending are expected to squeeze margins. Separately, Disney plans thousands of layoffs as it targets a 20% reduction in costs companywide.
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