Apple hits a speed bump in Q2 after its stock soared in the past year

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Tuesday, 2 May 2017

Apple hits a speed bump in Q2 after its stock soared in the past year

Tuesday, 2 May 2017 by Muhammad Ifzal

Apple hit a little snag in the second quarter, falling slightly under what Wall Street expected in its earnings report — causing a slight drop after its stock has jumped massively in the past year. The company reported earnings of $2.10 per share on revenue of $52.9 billion. Wall street was looking for earnings of $2.02 per share on revenue of around $53 billion. It also sold 50.8… Read More