MobileCNBC Techabout 4 hours ago
Apple stock falls on Mac, iPad price hikes
1 min read
Apple shares fell about 4.8% on June 25 after rare mid-cycle price increases on Macs and iPads. Analysts kept ratings and targets unchanged, arguing higher prices offset soaring memory costs. Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $365 target, warning the increases could create demand friction.
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