AAPL missed badly as well. They also came in with weak next quarter guidance. Dow futures off -91, S&P off 10 (-0.71%) and NASDAQ off 12 (-0.43%)
Still waiting for the first straight news story that even hints at the soon to be outgoing US President’s polices as a possible contributor to the world and US economic situation.
AAPL didn’t miss that badly. Revenues beat estimates. Profits fell slightly short. Their problem is getting supply to market. Futures are actually up slightly this morning from yesterday’s close. The drop after hours has been erased.
AAPL didn’t miss that badly. Revenues beat estimates. Profits fell slightly short. Their problem is getting supply to market. Futures are actually up slightly this morning from yesterday’s close. The drop after hours has been erased.
And yes, their guidance is down somewhat for the next quarter. They are known for lowering their guidance.