Apple Tumbles On Soft Guidance, iPhone Sales Miss

in apple •  6 years ago 

Apple is the last of the remaining FAANG to report for the third quarter. The others did not do well meaning there was a lot riding on Apple's announcement.

The company did beat both on revenue and EPS. The problem is IPhone sales missed with poor guidance.

After hours movement of the stock sent the price plummeting.

On the conference call, it was announced that next quarter there will no longer be unit sales for IPad, IPhone, or Mac reported. This caused another leg down in the stock price.

steem.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

How did you receive an upvote from @promobot?
I don't see any transfer from you to this bid bot and yet you received an upvote. While I did send 5 Steem and didn't get anything 😥

Great post!
Thanks for tasting the eden!

You got a 39.52% upvote from @brupvoter courtesy of @steemium!

You got a 45.74% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

You got a 39.95% upvote from @emperorofnaps courtesy of @steemium!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

You got a 42.25% upvote from @upmewhale courtesy of @steemium!

Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!

  ·  6 years ago Reveal Comment

You got a 45.18% upvote from @minnowvotes courtesy of @steemium!