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Apple Stock Fell After a Record iPhone Quarter. Here’s the Margin Problem Investors Shouldn’t Ignore.
Source: Nasdaq
Corporate EarningsCorporate Guidance & OutlookCompany Fundamentals
Apple's iPhone revenue rose 17.5% to $57.6 billion and beat estimates, but the company guided to a lower gross margin. Apple stock was down about 2%.
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mixed
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AAPL0.35
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