Apple stock drops as Morgan Stanley warns of ‘broad based’ App Store slowdown

MacDailyNews
Jun 3, 2022, 11:52 am407 pts
Apple shares dropped Friday after analysts at Morgan Stanley cautioned that App Store revenue faces a “broad based” slowdown, creating a “downside risk” for Services revenue growth for the current quarter. Martin Baccardax for TheStreet: Morgan Stanley analyst Katy Huberty, one of Wall Street’s most-respected…

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