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Apple Missed Earnings AGAIN! Stock down almost $50 After hours

 
Philligan
in rainbows

User ID: 2530194
United States
01/23/2013 05:54 PM

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Apple Missed Earnings AGAIN! Stock down almost $50 After hours
SAN FRANCISCO- Apple Inc missed revenue expectations for the third straight quarter after sales of its flagship iPhone came in below Wall Street's targets, driving its shares down 6 percent.


The company said on Wednesday it shipped 47.8 million iPhones, a quarterly record that nonetheless disappointed many analysts accustomed to years of outperformance from the device that helped revolutionize the smartphone industry. Wall Street was predicting roughly 50 million shipments, on average.
Sales of the iPad came in at 22.9 million in the fiscal first quarter, about in line with forecasts.

[link to finance.yahoo.com]

Last Edited by Philligan on 01/23/2013 05:54 PM
everything in its right place
Philligan (OP)
in rainbows

User ID: 2530194
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01/23/2013 05:55 PM

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Re: Apple Missed Earnings AGAIN! Stock down almost $50 After hours
Down from highs of $705 in September
everything in its right place
Philligan (OP)
in rainbows

User ID: 9106483
United States
01/23/2013 08:14 PM

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Re: Apple Missed Earnings AGAIN! Stock down almost $50 After hours
All the apple haters must love the stock now? No one comments lol

Oh
everything in its right place

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