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Market Impact: 0.3
Apple Lost About $140 Billion After Hours as Its New CEO Calls Memory Prices “Unprecedented”
Source: 247wallst.com
Corporate EarningsCompany FundamentalsCorporate Guidance & Outlook
On his first earnings call as Apple CEO, John Ternus warned investors of a cost problem affecting every device the company sells. The market reacted during his remarks, but the article does not specify the direction or size of the move.
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