04-08-2023 22:19 via macdailynews.com

Apple stock falls 5% after reporting yet another record quarter for services

For the third time this fiscal year Apple has set a record for its growing services business that includes iCloud, Apple Music, Apple Arcade, AppleCare, Apple Card, Apple TV+, and more. The company also eclipsed analysts’ expectations for revenue and EPS.Hamza Shaban for Yahoo Finance:Investors appeared to take the bad news more seriously than the good. Shares dropped nearly 5% on Friday to close at $181.99.
Services was among the key metrics that surpassed analysts’ expectations, co
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