Apple Stock Falls as Manufacturing Commitments Jump $33 Billion Amid Margin Pressure

thecryptobasic2026-11-03 13:22:12

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Apple Stock Falls as Manufacturing Commitments Jump $33 Billion Amid Margin Pressure

Apple (NASDAQ: AAPL) shares fell 4.46% to $323.23 in premarket trading at 08:21 a.m. ET Tuesday, following an earnings call that disclosed a $33 billion increase in manufacturing purchase obligations and a weaker gross margin forecast for the holiday quarter.

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