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Posts Tagged ‘Apple Incs’

(Reuters) – Apple Incs shares rose slightly on Tuesday after the iPhone maker clarified its margin outlook by saying it would defer $900 million of revenue during the key Christmas holiday period, prompting analysts to raise price targets on the stock. Apple shares were up about 0.5 percent in early trading after dropping as much […]

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By Bill Rigby (Reuters) – Apple Incs profit and margins slid despite selling 33.8 million iPhones in its September quarter, and greater China revenue climbed just 6 percent even though two smartphone models hit store shelves in its second-largest market last month. The unremarkable quarterly numbers prompted some disappointed investors to cash in recent gains […]

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SAN FRANCISCO (Reuters) – Apple Inc’s quarterly revenue barely beat Wall Street’s heightened expectations after it sold a solid 33.8 million iPhones in the September quarter, but gross margins and profit slid, disappointing some investors. Shares in the company were down more than 2 percent after hours. Commentary: SHANNON CROSS, CROSS RESEARCH “They guided for […]

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