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Title: Apple stock drops over 10% in after-hours trading during Q1 earnings call Post by: HCK on January 24, 2013, 11:01:07 am Apple stock drops over 10% in after-hours trading during Q1 earnings call
Despite posting a profit of more than $13 billion on record first quarter revenue of $54.5 billion, shares of Apple bled more than 10% of their value in after-hour trading on Wednesday as investors -- spooked by a hard miss on Mac sales and lack of earnings growth -- ran for cover. http://feeds.appleinsider.com/click.phdo?i=8aa47294e4f0b7ff84a3a72cbd2faae1 |