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What Made Apple Stock Plunge?

Video Credit: Wochit Business - Duration: 00:32s - Published < > Embed
What Made Apple Stock Plunge?

What Made Apple Stock Plunge?

On Wednesday evening, Apple cut its revenue guidance for its crucial holiday quarter.

In a letter to shareholders, CEO Tim Cook noted iPhone weakness that primarily came from greater China.

Apple shares were down more than 9% early Thursday.

The company said it now sees fiscal first-quarter revenue of $84 billion.

That's below the $89 billion to $93 billion that it had previously expected.

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What Made Apple Stock Plunge?

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6, 2018, PHOTO OCT.

22, 2018, PHOTO



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