apple issues meteoric and disappointing figures
Last Updated : GMT 13:46:32
Arab Today, arab today
Arab Today, arab today

Apple issues meteoric and disappointing figures

Arab Today, arab today

Arab Today, arab today Apple issues meteoric and disappointing figures

Washington - DW

Technology giant Apple has issued one of the most lucrative quarterly disappointments in history. The firm\'s $8.8 billion (7.3 billion euros) net profits were lower than expected and prompted a dip in Apple shares. Apple shares took a dive of about five percent in after-hours trading Tuesday after the company issued quarterly figures that fell short of prior expectations. The tech giant is hardly on the breadline, however, having made $8.8 billion in net income in the third quarter of the financial year, up from $7.3 billion in the same period a year ago. The profits equated to an income of $9.32 per share, while market analysts had predicted more than $10 per share. Total revenues were also up markedly year-on-year, not least thanks to nearly doubled sales of Apple\'s iPad tablet computer. \"We\'re thrilled with record sales of 17 million iPads in the June quarter,\" Apple chief Tim Cook said in a Tuesday press release. \"We\'ve also just updated the entire MacBook line, will release [the company\'s latest computer operating system] Mountain Lion tomorrow and will be launching [new mobile operating system] iOS 6 this fall.\" Sales in computers and iPhones were also up, even though the company is releasing a new generation cell phone later this year. Only sales in the iPod portable music players had fallen year-on-year. Apple\'s shares dipped around 5 percent on news of the \"disappointing\" figures, but the company\'s stock has skyrocketed over the past year, even after the death of figurehead Steve Jobs. Last November, Apple was trading at under $380 per share; prices peaked this April at just under $640.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

apple issues meteoric and disappointing figures apple issues meteoric and disappointing figures

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

apple issues meteoric and disappointing figures apple issues meteoric and disappointing figures

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday