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Apple Inventory Is Sliding. Right here's What Traders Are Fearful About. – Barron's

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Apple inventory is sliding in a tough marketplace for expertise shares, as traders proceed to take income after the iPhone maker’s stronger-than-expected March quarter earnings report.

Not less than on the floor, the almost 5% drop in Apple (ticker: AAPL) inventory for the reason that firm reported monetary outcomes final week appears puzzling. For the quarter, Apple posted $89.6 billion in income, $12 billion forward of what the Road had anticipated, whereas income had been $1.40 a share, hovering previous the consensus estimate for 98 cents. Income was…



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