Post Profile

Apple forecast falls short, and iPhone sales miss estimates

Apple Inc. forecast lower-than-expected revenue for the current quarter and reported iPhone sales from the crucial holiday period that missed analysts’ forecasts, suggesting waning demand for iPhones. The Cupertino, Calif., company said revenue in the three months ending in March will be $60 billion...
read more


Related Posts

Stocks open broadly lower, led down by tech shares

Business & Finance : LA Times: Business

Technology companies were leading stocks broadly lower in early trading Friday, extending the market's slide into a second day. Google's parent company, Alphabet, slumped 4.6% after reporting results that missed analysts' forecasts....

Alphabet's earnings miss profit estimates

Business & Finance : USAToday: Money

Google parent Alphabet missed quarterly profit forecasts as steady ad sales growth was offset by increased spending to promote its consumer gadgets, YouTube video app and cloud computing services. Kate King reports. Video provided b...

Apple's iPhone fans doubt

Business & Finance : Business Report

Apple Inc missed Wall Street's revenue forecast for the third straight quarter. ||| San Francisco - Apple Inc missed Wall Street's revenue forecast for the third straight quarter after iPhone sales came in below expectations, fannin...

Wall Street wowed by iPhone X performance, but cools off on expectations of an Apple 'super cycle'

Technology / Apple : Apple Insider

Apple delivered record revenue in its holiday quarter, but went about it in a way different than investors expected, leaving analysts to rethink their so-called "super cycle" predictions for iPhone X unit sales growth. But with the ...

Apple proves it can still deliver profits despite slower iPhone demand (AAPL)

Business & Finance : Business Insider: Money Game

Apple reported an earnings beat despite weaker-than-expected iPhone sales. Some analysts believe that its strong services, revenue from other products, and potential for capital return helped offset iPhone numbers. Watch Apple's sto...


Copyright © 2016 Regator, LLC