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Apple reports earnings on Thursday afternoon. Photo: Getty Images
Apple Inc.s stock is down about 16% so far this year, suggesting investors arent too happy with the company as it heads into its June-quarter earnings report.
The iPhone maker is set to report fiscal third-quarter earnings after the market closes on Thursday, and Wall Street could be as focused on the messaging as it is on the numbers. Apples product businesses, on the whole, are expected to see just 2% revenue growth in the quarter, inviting questions about the companys overall innovation and its ability to use artificial intelligence as a selling point for device upgrades.
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