Technology
Apple's Upbeat Outlook Overshadowed by Margin Squeeze
Bloomberg·November 3, 2026

Apple predicted revenue growth of 7% to 10% during the holiday season, but a warning that gross margins would be smaller due to higher memory costs and expenses related to the new Siri AI digital assistant, weighed on the stock. Bloomberg's Mark Gurman discusses how demand for the company's new iPhone Duo and sales of other phones could impact Apple. He speaks with Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
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