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>> APPLE INC Latest News

2 HOURS AGO - Yahoo! News

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Apple revenue lags Street's view despite strong China growth

By Christina Farr and Edwin Chan SAN FRANCISCO (Reuters) - Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market. It sold 35.2 million iPhones in the June quarter, a rise of about 13 percent that was in line with analysts' projections, ...

Tags: Apple revenue lags Street's view despite strong China growth,  Apple Inc Latest News

6 HOURS AGO - Yahoo! News

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Apple revenue lags Street view despite strong China growth

Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite intense competition in its third-largest market. Apple's iPhone sales in China jumped about 48 percent and Mac computer sales rose 39 percent in the June quarter, Chief Financial Officer Luca Maestri said in an interview. China is considered ...

Tags: Apple revenue lags Street view despite strong China growth,  Apple Inc Latest News

7 HOURS AGO - Yahoo! News

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Apple revenue lags Street forecasts

SAN FRANCISCO (Reuters) - Apple Inc posted a worse-than-expected 6 percent rise in quarterly revenue on Tuesday, after selling 35.2 million iPhones into an increasingly competitive smartphone market. The company, which derives the majority of its business from its high-end mobile device, reported sales of $37.4 billion in its fiscal third quarter ended June, falling short of Wall Street's expectation ...

Tags: Apple revenue lags Street forecasts,  Apple Inc Latest News

15 HOURS AGO - Huffington Post

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Apple Is Making A Mind-Boggling Number Of Huge iPhones

(Reuters) - Apple Inc has asked suppliers to manufacture between 70 million and 80 million of its two upcoming large-screen iPhones by the end of the year, its largest initial production run of iPhones, the Wall Street Journal reported, citing people familiar with the matter. Its forecast for the iPhones with 4.7-inch (11.9 cm) and 5.5-inch (14-cm) displays is much ...

Tags: Apple Is Making A Mind-Boggling Number Of Huge iPhones,  Apple Inc Latest News

18 HOURS AGO - Yahoo! News

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Fund managers unconvinced by Apple rebound

By David Randall and Edwin Chan NEW YORK/SAN FRANCISCO (Reuters) - Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. Yet the company remains one of the most significantly underweighted stocks among large cap fund managers, according to a Goldman Sachs report. Part of the reason for a lack of ...

Tags: Fund managers unconvinced by Apple rebound,  Apple Inc Latest News