Apple iPhone Sales Disappoint, Supply Issues Blamed

By | January 27, 2014

Scalper1 News

Apple late Monday beat Wall Street’s targets for sales and earnings in the December quarter, but its iPhone sales and March-quarter guidance missed views, and Apple stock was down 8% in after-hours trading. Apple (AAPL) said it earned $14.50 a share on sales of $57.6 billion for its fiscal Q1 ended Dec. 28. Analysts polled by Thomson Reuters expected $14.07 EPS on sales of $57.5 billion. The results put year-over-year EPS growth Scalper1 News

Scalper1 News