AIWall Street Journalabout 3 hours ago
Apple Stock Drops as AI Costs Rise
13 min read
Apple reported fiscal 2026 fourth-quarter revenue of $114.477 billion, beating expectations, yet shares fell 3% due to memory costs and slowing Services growth. The company faces structural cracks in Greater China and Services revenue, eroding its safe-haven status against competitors spending over $600 billion on AI.
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