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Apple shares fall despite record quarterly revenue amid rising memory chip prices

The Motley Fool +1 · ·by G4L

AAPL Apple Inc
$355.63 +2.04%
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  1. 1Apple reported record quarterly revenue.
  2. 2Shares declined as rising memory chip prices threaten profitability.
  3. 3Stock Advisor has recorded a total average return of 835% since inception.

So what's the key point?

Apple announced that it sold a record amount of products. However, the stock price fell due to concerns that rising component prices could reduce profits.

Source The Motley Fool +1 · View original ↗

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