5 Reasons Apple Could Defy Skeptics in 2013 Despite Q1 Earnings Miss
Posted on January 23, 2013 at 18:22 PM EST
Thanks to a rare earnings miss in its fiscal first quarter, Apple shares are falling nearly 11% in after-hours trading, to $458, after rising almost 2% Wednesday before the close. Investors were disappointed in particular that iPhone sales weren't stronger and that Apple's second-quarter forecast came in lower than analysts expected.
Thanks to a rare earnings miss in its fiscal first quarter, Apple shares are falling nearly 11% in after-hours trading, to $458, after rising almost 2% Wednesday before the close. Investors were disappointed in particular that iPhone sales weren't stronger and that Apple's second-quarter forecast came in lower than analysts expected.
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