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via finance.yahoo.comMarkets

Apple slips about 1.9% despite record quarter and rising earnings

FROM THE WIRE · FINANCE.YAHOO.COM

Apple shareholders woke up to a red screen. The stock is trading around $331.90, about 1.9% below the previous close, even though the tech giant just posted another record September quarter with roughly $114.5b in revenue and a fresh high for full year earnings per share. Short…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA decline in a mega-cap after record results can affect sentiment in the tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The stock trades around $331.90, about 1.9% below the previous close.
  2. 02Apple posted quarterly revenue of about $114.5B, up roughly 12%.
  3. 03The price-to-earnings ratio stands at 36.6x.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Apple Inc.AAPLStock331.90 USDMarket closedtoday -1.90%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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