Why aapl fell today

Apple's fourth quarter only included a few days of iPhone 13 sales as it ended on Sept. Apple is currently in the middle of massive growth as sales of iPhones, iPads and Macs exploded during the pandemic.

The strongest growth in Apple product categories aside from iPhones was in its services business, which includes sales from the App Store, music and video subscription services, advertising, extended warranties, and licensing. Cook said that Apple has million paid subscriptions, which not only includes first-party services like Apple Music but also subscriptions through Apple's App Store.

So it's been quite the growth cycle," Cook said. Create Account … or Log In. Go to Your Watchlist. No Items in Watchlist There are currently no items in this Watchlist.

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Getting Started. Planning for Retirement. Retired: What Now? Personal Finance. As it turns out, moreover, these two things are connected. A bevy of Wall Street analysts followed up by lowering their price targets for the stock, adding to today's pain. According to The Fly, four analysts lowered their price targets for the stock as a result of third-quarter results. The recent spin-off of its managed infrastructure business into a company called Kyndryl NYSE: KD removes a noncore business from its balance sheet.

Also, management promised that the two companies would maintain the current combined dividend. Dow 30 35, Nasdaq 15, Russell 2, Crude Oil Gold 1, Silver CMC Crypto 1,