Wall Street Downgrades Apple

Tim Cook Warned of a "100-Year Flood" in Memory Chip Pricing on His Last Earnings Call. Should Apple Investors Be Worried About Margins?

Apple is facing a new chapter as Tim Cook steps down.

Wall Street Downgrades Apple

With less than a month to go before Tim Cook hands over Apple's CEO role to John Ternus, the iPhone maker is facing several challenges, including slower growth, rising memory costs and increasing investor concerns.