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On the SPOT blog (09/29/2022) [M..]

Writer's picture: Salyl BhagwatSalyl Bhagwat

I mentioned an article yesterday (about a possibility that Apple iPhone demand was falling) that might have had impact on Apple and its suppliers' stock price. Today it got more serious and broader as Bank of America analyst downgraded Apple. Nothing surprising (albeit we don't have the actual numbers) but that was enough to trigger another sell-off that took markets back in deep red. So much for consumer confidence.

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