Business
Apple Earnings Are on Deck as Consumer Demand Softens
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Apple
shares have been remarkably resilient in the face of this year’s tech stock selloff, falling less than 15% since the end of December, and sharply outperforming rivals
Microsoft
Alphabet
and
Amazon
which are all down from 26% to 28%.
Apple (ticker: AAPL) sits with a $2.4 trillion market valuation—$500 billion more than Microsoft, $1 trillion more than Alphabet, and nearly double the size of Amazon.
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