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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Apple Inc | NASDAQ:AAPL | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.24 | -0.14% | 168.78 | 168.80 | 168.88 | 78,001 | 12:14:45 |
From Apr 2022 to Apr 2024
By Denny Jacob
--Apple Inc. plans to slow hiring and spending growth next year in some divisions to deal with a potential economic downtown, Bloomberg reported, citing people familiar with each matter.
--The tech giant's decision stems from a move to be more careful during uncertain times, though it isn't a company wide policy, the report said.
--The changes won't affect all teams, and Apple is still planning an aggressive product launch schedule in 2023 that includes a mixed-reality headset, Bloomberg reported.
--Representatives for Apple didn't immediately respond to a request for comment from Dow Jones Newswires.
Full story at https://www.bloomberg.com/news/articles/2022-07-18/apple-to-slow-hiring-and-spending-for-some-teams-next-year?sref=b0us4KbN
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
July 18, 2022 15:51 ET (19:51 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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