Markets

Apple’s iPhone business is booming. Here’s why the stock is falling anyway.

Summary

Apple is experiencing strong demand for its iPhone lineup, yet the tech company's stock is declining. This downward market movement happens as the firm struggles with an increasingly severe memory shortage alongside a deceleration within its digital services division.

Although iPhone demand remains strong, Apple faces a worsening memory crunch and a slowing services business.

Source: Read the full story at MarketWatch.com - Top Stories

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