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Title: Analysts: Apple Should Stand Its Ground Post by: HCK on January 25, 2013, 03:01:18 pm Analysts: Apple Should Stand Its Ground
Apple's stock price got hammered Thursday following a financial report that spooked investors with dipping earnings. Despite climbing revenue, the company reported a profit of just $13.08 billion in the quarter ending Dec. 31. That compares to $13.06 billion during the same period a year ago. Earnings for the period dropped to $13.81 a share from $13.87, even though revenue increased 17.7 percent. http://ectnews.com.feedsportal.com/c/34520/f/632003/s/27e4b01b/l/0L0Smacnewsworld0N0Crsstory0C771690Bhtml/story01.htm |