Apple stock loses shine on shrinking iPhone margins

Estimated $4bn dent and antitrust headwinds loom over longtime market favorite

20240326N iPhone 15 Plus

Apple is believed to be making around 10% less profit on the iPhone 15 Plus than its 2022 counterpart. (Photo by Kento Awashima)

YUKI OKOSHI, Nikkei staff writer

TOKYO -- Apple's reputation as the ultimate growth stock is under threat, with the company grappling with declining sales and profits from iPhones as well as an antitrust case at home in the U.S.

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