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Apple (AAPL) Trading Above Analyst Targets as Memory Costs Crimp Margin Outlook

Source: 247wallst.com

Company FundamentalsProduct LaunchesAnalyst InsightsCorporate Earnings
Apple (AAPL) Trading Above Analyst Targets as Memory Costs Crimp Margin Outlook

Apple shares have risen beyond analyst price targets, but memory costs are quietly pressuring margins. The company’s $1,999 folding-phone debut will test whether investors maintain their goodwill toward its new CEO.

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