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Apple Falls After Skipping Forecast for First Time in Years

  • IPhone maker squeezes growth out of pandemic-ravaged quarter
  • CEO saw pickup later in April, after ‘very depressed’ period
Bloomberg business news
Bloomberg’s Emily Chang spoke to Apple CEO Tim Cook about the latest earnings report.Source: Bloomberg)
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Apple Inc. reported quarterly revenue that grew 1%, but didn’t provide a forecast for the first time in more than a decade, sparking concern that performance will suffer later this year.