Apple Misses Q4 Earning Estimates, Blames Excessive Rumors

For the first time in six years, Apple’s quarterly earnings missed analyst estimates. Apple’s explanation? iPhone sales slowed down as consumers entered a holding pattern in anticipation of Apple’s next smartphone release. In an earnings call Tuesday afternoon,?Apple blamed rumors for the drop in sales, saying that product speculation “reached extreme highs.”
Apple reported profits of [...]

Source: http://feedproxy.google.com/~r/GearFactor/~3/uimdpM2Ys_M/

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