Why Micron’s blowout earnings are a headache for Apple
Micron’s blowout earnings sent the stock soaring Thursday, but the bigger market message showed up in Apple’s share price. Investors are rewarding Micron (MU) for a global memory squeeze that has pushed pricing power back to suppliers. Apple (AAPL), down over 5% after raising prices on some Macs and iPads, is showing the other side … Read more