According to AppleInsider’s “historical Mac Price Guide data,” the price cuts “began at Best Buy (BBY) — Apple’s largest domestic brick-and-mortar retail partner — and was quickly mirrored by Apple’s other top-tier partners including Amazon (AMZN), B&H Photo and MacMall.”
The stock market has been pounding Apple over the past several months over concerns that the company may have hit its peak and will be unable to maintain its traditionally high margins for products going forward. Apple’s earnings report due to be released Wednesday afternoon should give some more insight into whether fears of the company’s slowing growth are justified or overblown.
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