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Title: Apple's Balloon Loses a Little Air Post by: HCK on July 25, 2012, 07:01:01 pm Apple's Balloon Loses a Little Air
Apple announced quarterly earnings that were lower than expected Tuesday, causing shares to plunge in after-hours trading. Though analysts weren't projecting another record quarter for the Cupertino company, results still fell short of Street predictions. Profit rose 21 percent to $8.8 billion, or $9.32 per share, on a revenue of $35 billion. http://ectnews.com.feedsportal.com/c/34520/f/632003/s/21b1f357/l/0L0Smacnewsworld0N0Crsstory0C757250Bhtml/story01.htm |