Bloomberg Markets: The Close 11/16/2023

JoAnne’s segment starts at 1:28:30

JoAnne Feeney, partner and portfolio manager at Advisors Capital Management, discusses Apple’s multibillion-dollar effort to make a modem chip for the iPhone, stymied by the complexity of replacing an intricate Qualcomm Inc. component. Apple was hoping to ship the component by the spring of 2025. (Source: Bloomberg)

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