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Macintosh News => Apple News => Topic started by: HCK on March 31, 2014, 02:00:01 pm



Title: Apple ends Q2 down 3.5%
Post by: HCK on March 31, 2014, 02:00:01 pm
Apple ends Q2 down 3.5%

The Street is looking for 0.4% earnings growth with revenues off -0.1% from last year.
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<p>FORTUNE -- A ho-hum three months.</p>
<p>That was the consensus of Apple (AAPL) analysts Saturday, the last day of the company's second fiscal quarter of 2014. (See Yahoo snapshot, attached.)</p>
<p>Ho-hum also describes the performance of Apple's share price for the quarter -- down about $20 (-3.5%) while the broader market was scoring modest gains (S&P 500 up 0.8%).</p>
<p>That's a bit out of character, given Apple's past and its future prospects.</p>
<p>The spreadsheet below shows the MORE (http://tech.fortune.cnn.com/2014/03/29/apple-q2-2014-consensus/)<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=tech.fortune.cnn.com&blog=8466345&post=137799&subd=fortunebrainstormtech&ref=&feed=1" width="1" height="1" /><img src="http://feeds.feedburner.com/~r/fortuneapple20/~4/pRR-gbIDNjg" height="1" width="1"/>

Source: Apple ends Q2 down 3.5% (http://rss.cnn.com/~r/fortuneapple20/~3/pRR-gbIDNjg/http://tech.fortune.cnn.com/2014/03/29/apple-q2-2014-consensus/#commentshttp://tech.fortune.cnn.com/2014/03/29/apple-q2-2014-consensus/feed/atom/)