What's Going On With Apple Stock Today

Loading...
Loading...
  • Apple Inc AAPL is looking to ease hiring and spending growth in 2023 in some divisions to cope with a potential economic downturn, Bloomberg reports.
  • The decision originates from a move to be more careful during uncertain times. 
  • Also Read: TSMC Overtakes Samsung In Chip Race By Capitalizing On Latter's Strengths: FT
  • The changes will not affect all teams as it was not a companywide policy.
  • Apple remained feisty on its product launch schedule in 2023, including a mixed-reality headset, its first significant new category since 2015.
  • Previously Microsoft Corp MSFTSpotify Technology SA SPOTMeta Platforms Inc METATesla Inc TSLA, and multiple U.S. banks adopted a defensive stance on hiring in response to the economic uncertainties.
  • Price Action: AAPL shares traded lower by 1.44% at $148.02 on the last check Monday.
  • Photo by Matias Cruz from Pixabay
Market News and Data brought to you by Benzinga APIs
Posted In: NewsMoversTechMediaTrading IdeasBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...