Apple stock tanks despite hitting another record-breaking quarter

Apple’s stock is tanking in after hours trading, despite announcing yet another record-breaking quarter. The problem? Wall Street expected it to make way more. Apple shares tumbled 5% after the company failed to beat Wall Street earnings expectations. It’s the first time Apple’s missed analyst projections since 2016. Overall, the company reported record revenue of […]
(via Cult of Mac – Tech and culture through an Apple lens)
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Author: Leander Kahney