Apple's Upbeat Outlook Overshadowed by Margin Squeeze

First reported by Bloomberg at 2:24 PM ET · Updated 2:24 PM · 1 source

Apple predicted revenue growth of 7% to 10% during the holiday season, but a warning that gross margins would be smaller due to higher memory costs and expenses related to the new Siri AI digital assistant, weighed on the stock.

Reported so far by one publisher.

Summary from Bloomberg.

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Bloomberg Apple's Upbeat Outlook Overshadowed by Margin Squeeze 2:24 PM

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Topics Apple

Apple's Upbeat Outlook Overshadowed by Margin Squeeze

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