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Arcadia Wealth Management Inc. Has $938,000 Holdings in Apple Inc. $AAPL
Arcadia Wealth Management Inc. significantly reduced its stake in Apple Inc. by 48% in the third quarter, now holding 3,684 shares valued at $938,000. Despite this reduction, Apple recently exceeded quarterly earnings estimates and launched new products like the iPhone 17e and an M4-powered iPad Air. The article also notes potential risks for Apple, such as increased reliance on Google cloud for Siri and rising memory-chip costs.