Apple shares plunge over 7% in response to lower than expected iPhone sales, tepid Q2 forecast

Investors and traders are dumping shares of Apple on Tuesday morning, following the tech giant's fiscal first quarter earnings report released after the close on Monday. At 10:15am EST, the stock was trading at $510.10 a share, down $40.40 on the day. Investors were disappointed in the number of Apple iPhones sold last quarter, even though the 51 million units that were purchased was a new record...
This is a discussion for a news article. To read the whole news, click here

34 Comments

23. NexusPhan

Posts: 632; Member since: Jul 11, 2013

They shared a lot with me actually. I shorted the hell out of AAPL Monday afternoon.

29. AfterShock

Posts: 4146; Member since: Nov 02, 2012

I was thinking I should add unless you buy and sell it. Kudos to you on that.

32. Dastrix unregistered

Fandroids are laggy and buggy, just like that crappy OS. No wonder they can't process information without hiccups.

34. jroc74

Posts: 6023; Member since: Dec 30, 2010

In other news...Google stock is at an all time high of 1100+
This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.