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Apple Crashes Over 6% Due To Disappointing 4th Quarter Iphone Sales - Investment - Nairaland

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Apple Crashes Over 6% Due To Disappointing 4th Quarter Iphone Sales by Investogist: 7:02pm On Oct 30, 2020
Apple fell on Friday following fiscal fourth quarter earnings release which saw Apple’s iPhone revenue fell slightly below analysts’ expectations, although other business segments like services and wearables continued to show strong growth.

Apple fell as much as 6.12% on Friday despite beating quarterly revenue and profit estimates.

At 5:37GMT on Friday, Apple stood at $108.21 per share.

Apple closed at $115.32 per share on Thursday, up about 48% year-to-date.

Read full article at https://investogist.com/apple-crashes-over-6-due-to-disappointing-4th-quarter-iphone-sales-and-lack-of-forward-guidance/

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