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>> APPLE Latest News

JAN 23, 2013 - Business Insider

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APPLE WHIFFS AS IPHONE COMES IN LIGHT, STOCK TANKS (AAPL)

Apple's numbers are out! And they don't look good. As you can see below, Apple missed the expectations of buy-side investors, pretty much across the board. The thing that should make investors super worried is that iPhone sales were 47.8 million for the quarter. The buy-side was looking for 50 million units. The stock is off in after-hour trading by 10%. We are updating this post as we go, so click here for the latest. Here's how Apple did versus what buy-side investors were looking for (via Piper Jaffray analyst Gene Munster): Revenue: $54.5 billion versus $54.58 billion expected EPS: ... Read More

Tags: APPLE WHIFFS AS IPHONE COMES IN LIGHT, STOCK TANKS (AAPL),  Apple Latest News