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Apple (AAPL) to Slow Hiring and Spending in 2023 Reports Bloomberg

StreetInsider2022-07-19

Apple (NASDAQ: AAPL) intends to slow its hiring and spending growth in some divisions next year to manage the current economic climate, Bloomberg reported Monday.Citing sources with knowledge of the ...

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Comment29

  • RS142
    ·2022-07-19
    Bad days ahead
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  • Frente
    ·2022-07-19
    Ok
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  • jllwang
    ·2022-07-19
    Ok
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  • Tanyl
    ·2022-07-19
    It is the time to invest Apple in long term
    Reply
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  • Sigit waloyo
    ·2022-07-19
    Ok
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  • rogerl
    ·2022-07-19
    Ok
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  • PearlynCSY
    ·2022-07-19
    Stocks tumble as earnings season picks up. U.S. stocks fell sharply into the final hour of trading Monday following news Apple (AAPL) plans to slow hiring and curb spending next year to prepare for a possible recession.Bloomberg News reported Monday afternoon that the hiring slowdown and cuts to spending will take place across certain divisions and stem from a move to "be more careful during uncertain times," citing people familiar with the matter who asked to remain anonymous. Shares of Apple closed down 2.1%.The S&P 500 and Nasdaq each declined roughly 0.8%, while the Dow Jones Industrial Average shed more than 200 points, or 0.7%.
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  • Mindthink
    ·2022-07-19
    Ok
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  • MHh
    ·2022-07-19
    Oh... I'm still waiting for the share price to hit target price..
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  • Papa Bear
    ·2022-07-19
    The bear market taking a big bite of the apple
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  • Jess261
    ·2022-07-19
    Okay
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  • Jenjorjack
    ·2022-07-19
    Wait for a better price from Mr Market
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  • WJ77
    ·2022-07-19
    🍎
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  • JSY25
    ·2022-07-19
    Early planning will bring future success.
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  • PhilipAhuat
    ·2022-07-19
    They also need to make the iPhone more affordable. 
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  • SquareGuy
    ·2022-07-19
    Tesla...now Apple...all growing companies predicting a bad market ...bad for us investors
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  • Zvonne616
    ·2022-07-19
    Expected
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  • SSVC
    ·2022-07-19
    K
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  • GH_82
    ·2022-07-19
    Common trend for all company at this time
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  • Jenyii
    ·2022-07-19
    Ok
    Reply
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