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Analysis: Apple faces App Store revenue contraction and rising memory costs, but its $101.5B nine-month profit and 22% iPhone revenue growth suggest it's a 'hold'.
The company's App Store commission revenue contracted 18% this year due to regulatory pressure, and its Services revenue of $30.7B missed Wall Street expectations. Additionally, Apple raised prices on 14 products in July, with some upcoming iPhone models potentially increasing by about $100 due to soaring memory costs. Despite these headwinds, its $101.5B net profit over the first nine months of fiscal 2026 and 22% iPhone revenue growth provide a strong financial cushion.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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