Apple iPhone Sales Miss Estimates; Hazy On Apple Watch

By | July 21, 2015

Scalper1 News

Apple (AAPL) earnings and revenue topped estimates on booming China sales, but the stock tumbled late amid lower-than-expected iPhone sales and a cautious revenue guidance. The news also rocked iPhone suppliers such Skyworks Solutions (SWKS), Qorvo (QRVO) and Avago Technologies (AVGO) . Apple earned $1.85 a share in its fiscal Q3, up 45% vs. a year earlier and beating views by 4 cents. Sales grew 33% to $49.6 bil, slightly above views for $49.4 Scalper1 News

Scalper1 News