Apple, one of roughly five largcaps responsible for holding up positive YTD SPY gains, has 40% Plunge in PC Shipments.
Apple Inc.’s personal computer shipments declined by 40.5% in the first quarter, marking a tough start to the year for PC makers still grappling with a glut of unsold inventory. Shipments by all PC makers combined slumped 29% to 56.9 …