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Susie investors soured on apple tonight the stock tumbled as much as 2 , dipping below 600 in afterhours trading. A rare earnings miss was the reason. The lower than expected numbers came just days after all the hoopla over apples launch of the new ipad mini. Apple earned 8. 67 a share, eight cents below estimates. Revenues came in higher than expected, almost 36 billion. On top of that earnings disappointment, the company gave a less rosy forecast for the future. Suzanne pratt takes a closer look. Reporter wall street called this a throwaway quarter for apple. After all, the iphone 5 was only available for one week during the period, and the newly launched ipad mini has yet to hit stores. Still, apple sold nearly 27 million iphones during june throughseptember quarter, well more than expected. Experts say apples biggest problem was that it couldnt make enough iphones. Iphone 5 is going to continue to be an absolutely huge product. One thing iphone 5 has that the tablets dont is subsid ....
Create enough jobs to bring down the nations stubborn Unemployment Rate. But, people on the streets of new york have different takes on what a 2 economy means to them it means first of all that anyone trying to look for employment is going have a tough time but dont give up. I myself was out of work for eight months, before i got my present job, but i just hung in there. Right now, for us middle class folks, that probably doesnt mean much. What that will do is that will free up money on the upper end of the category. I think you have to be a little realistic and you take what you can get, so if its a nominal rate of 2 thats fine. Every step in the right direction is great. Reporter the weird thing about the latest snapshot of the u. S. Economy, is the contradictions. Consumers went on a shopping spree in the third quarter, shrugging off the threat of higher taxes next year. Businesses, on the other hand, pulled back sharply on ....
Launched ipad mini has yet to hit stores. Still, apple sold nearly 27 million iphones during june throughseptember quarter, well more than expected. Experts say apples biggest problem was that it couldnt make enough iphones. Iphone 5 is going to continue to be an absolutely huge product. One thing iphone 5 has that the tablets dont is subsidies. Because iphone is sold be carriers, you can get that upfront price down to 199. Reporter as for ipad sales, they were a bit sluggish in the quarter. Thats because there was a bit of a pause in demand ahead of the tinier tablets release. Consumers bought 14 million ipads in the quarter, somewhat less than anticipated. Despite the companys solid quarter, there are concerns about growing competition. Thats as the era of apple dominating certain categories has passed. We used to say theres no tablet market, theres just an ipad market. Done, over. Amazon, google, on the second tier, people like barnes and a noble, samsung theres serious competition ....
Below 600 in afterhours trading. A rare earnings miss was the reason. The lower than expected numbers came just days after all the hoopla over apples launch of the new ipad mini. Apple earned 8. 67 a share, eight cents below estimates. Revenues came in higher than expected, almost 36 billion. On top of that earnings disappointment, the company gave a less rosy forecast for the future. Suzanne pratt takes a closer look. Reporter wall street called this a throwaway quarter for apple. After all, the iphone 5 was only available for one week during the period, and the newly launched ipad mini has yet to hit stores. Still, apple sold nearly 27 million iphones during june throughseptember quarter, well more than expected. Experts say apples biggest problem was that it couldnt make enough iphones. Iphone 5 is going to continue to be an absolutely huge product. One thing iphone 5 has that the tablets dont is subsidies. Because iphone is sold be carriers, you can get that upfront price down to 1 ....
Create enough jobs to bring down the nations stubborn Unemployment Rate. But, people on the streets of new york have different takes on what a 2 economy means to them it means first of all that anyone trying to look for employment is going have a tough time but dont give up. I myself was out of work for eight months, before i got my present job, but i just hung in there. Right now, for us middle class folks, that probably doesnt mean much. What that will do is that will free up money on the upper end of the category. I think you have to be a little realistic and you take what you can get, so if its a nominal rate of 2 thats fine. Every step in the right direction is great. Reporter the weird thing about the latest snapshot of the u. S. Economy, is the contradictions. Consumers went on a shopping spree in the third quarter, shrugging off the threat of higher taxes next year. Businesses, on the other hand, pulled back sharply on ....