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Apple receives rare downgrade from China Renaissance after mixed guidance (AAPL:NASDAQ)

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  • Apple (AAPL) received a rare downgrade from investment firm China Renaissance on Tuesday after the tech giant offered up mixed guidance last week.
  • “We estimate the 4QFY26 top-line guidance implies only ~10% growth in services, a further slowdown from 3QFY26,” analyst Jack Zhou wrote
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