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Jun 25 at 10:12 PM
Apple (AAPL) -6.13% → its worst single-day performance in over a year; raised MacBook and iPad prices by $100-200 to offset memory costs, and hinted that iPhone price hikes are next.
As one of the Magnificent 7, Apple's products, namely computers, phones, and related mobile OS, are only slightly superior to others. The rise in retail prices will bring market volatility and affect the stock price.
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