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CNBC · GLOBAL ·

Apple stock gets slammed on bigger Mac, iPad price hikes. Why it can weather the storm

As reported by CNBC
The stock had its worst session in more than a year as management made its first official move to pass higher memory costs onto consumers.
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Apple's stock experienced its worst trading session in over a year following price hikes on Mac and iPad products. Management officially passed on higher memory costs to consumers, causing investor concern. Despite the immediate drop, the article suggests the company is…

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