Wednesday, September 19, 2012

Hint of iPhone Sales Slowdown Tarnishes Otherwise Strong Apple Earnings Report

CFO said that the sales slowdown of iPhones may be connected to continuing rumors of an iPhone 5 to be introduced later this year, and that potential buyers are holding off until that one becomes available. - Apple reported in its fiscal third-quarter earnings statement July 24 that it brought in a record $35 billion and profited $8.8 billion, but hints of a sales slowdown of its iPhones next quarter raised red flags among Wall Street analysts.
The quarterly profit worked out to a healthy $9.32 a share...


Source: http://feeds.ziffdavisenterprise.com/~r/RSS/eweekmac/~3/q-vhVyn5ODY/

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