Apple shares slide after disappointing holiday outlook

Apple shares slide after disappointing holiday outlook

5 years ago
Anonymous $yysEBM5EYi

https://phys.org/news/2018-11-apple-disappointing-holiday-outlook.html

The firm said net profit climbed 32 percent to $14.13 billion on revenue that was up 20 percent to $62.9 billion with help from growing sales of digital content and services to users and other Apple gadgetry.

However, the market was disappointed that Apple fell short of expectations with sales of 46.9 million iPhones and a forecast for the key holiday season that was not as robust as anticipated.