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apple woes: Apple investors face $340 billion hole as woes mount - Vimarsana News

apple woes: Apple investors face $340 billion hole as woes mount

Tepid sales in China for its new iPhone models have fueled concerns about Apples ability to justify its pricey valuation and avoid a streak of four consecutive quarters of falling revenue — which would be its worst run since 2001. Thats as the company grapples with political tensions with China and overheating devices, while KeyBanc this month became the latest firm to downgrade the stock.