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Apple forecasts slower services growth as AI infrastructure costs rise
Apple shares fall 4% in after-hours trading on guidance
1 Nov 2 5:00 PM · 10d ago · 2 articles · 2 sources · development 1 of 1
Apple stock declined approximately 4% during and after the earnings call as investors responded to the services slowdown forecast and margin guidance.
“There are going to be some usage limits on features that rely on server-side models, which include Siri AI and intelligent photo editing, some other things like that. Anyone who needs greater capacity will be able to purchase expanded access in the future.”
John Ternus, Apple CEO · techmeme ↗
John Ternus Apple CEOKevan Parekh Apple CFO
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Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch
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first by PYMNTS.com, 10d ago
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