Apple stock drops 7% in premarket on Q4 outlook and memory cost warning
AAPL Apple Inc
$333.85 -1.28%
차트·분석 보기 → - 1Apple (AAPL) shares fell 7% in Friday's premarket trading.
- 2Q3 revenue of $109.4 billion and iPhone sales up 22% beat expectations, but China at $18.8 billion and services at $30.7 billion fell short, and its Q4 revenue growth guidance of 9–11% also missed the market consensus of 12.1%.
- 3CEO Tim Cook said Apple paid higher memory costs over the past three quarters and that further price increases after September could weigh more on the business, noting that Mac and iPad prices have already been raised.
This 3-line summary is compiled from the report below.
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