AI9to5Macabout 2 hours ago
AAPL stock rallies 15% on AI caution
1 min read
Apple stock rallied 15% since a June low after sliding 4% post-WWDC. Investors favor Apple's cautious AI spending over rivals' heavy investment. Analysts welcome price increases protecting margins, with J.P. Morgan noting past raises did not affect demand. Net income is expected to rise 17% this fiscal year.
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