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Apple stock sinks as global memory crisis hurts profits, giving Ternus his first big test

· cnbc.com · popularity 40/100 · 0 similar stories today · Corporate News & M&A (Business & Finance)

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Summary

In John Ternus' first earnings report as CEO, Apple issued a gross margin forecast that disappointed Wall Street.

Found in: CNBC Top News. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 2.