In rare miss, Apple’s fourth-quarter earnings miss Wall Street expectations.
Tuesday, October 18th, 2011NEW YORK — Apple Inc. failed to set a new all-time revenue record in the last three months of co-founder Steve Jobs’ life. Its financial results came in below expectations on Tuesday — a rare miss for the company. After several record quarters, the July-to-September period saw Apple biding its time, with no new iPhone or iPad releases. Earnings and revenue rose from last year at rates that would be the envy of any large company, but investors had expected the seemingly unstoppable company to do even better. Read full article > >
See the rest here:
In rare miss, Apple’s fourth-quarter earnings miss Wall Street expectations.



