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Apple Expected To Post Rare Income Decline

  • Fortune, Tuesday, March 26, 2013 11:45 AM

Later this week, Apple is widely expected to report that its income this quarter was lower than the same period a year ago. That, as Fortune reports, would mark the first such decline in a decade. Yet, the would-be drop won’t mean the sky if falling for Apple, because, for one, Wall Street already priced the negative growth into the stock.  “Judging from the performance of Apple's shares since early March, the smart money has been pouring back into the company,” Fortune notes.




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