Apple delivers strong profits, but shares slip on outlook

Apple delivers strong profits, but shares slip on outlook

6 years ago
Anonymous $yysEBM5EYi

https://phys.org/news/2018-11-apple-strong-profits-outlook.html

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

Apple shares slipped 4.2 percent to $212.85 in after-market trades that followed release of the earnings figures.

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