SEC NEWS

Apple Leadership Change + Memory Crunch: Stock to Shed 5% as Ternus Era Begins

AAPL to drop 5.2% to $195 within 1 week as memory costs soar and AI strategy questioned.

Filing analysis

New CEO John Ternus inherits memory cost surge (+40% YoY) and weak AI position. Morgan Stanley cuts target 8% to $190. AAPL currently $205.60.

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