Around the Net

Apple's Profit Outlook Raises Concerns

  • Time, Tuesday, October 29, 2013 12:47 PM
Despite beating analyst expectations, Apple’s fiscal fourth-quarter results are stirring concerns about the company’s health. In particular, “fears over the company’s profit initially spooked investors, who pushed Apple’s stock price down more than 3% in after-hours trading,” reports “The company sold more iPhones and Mac computers -- but fewer iPads and iPods -- than analysts had expected.”

Read the whole story at Time »

Next story loading loading..