Wireless News
01-28-2014, 02:11 PM
http://l.yimg.com/bt/api/res/1.2/dE1f5TvGR1CvWMOgQsv7Hg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/applegenius-e1346181768182.png (http://news.yahoo.com/wall-street-stamps-feet-begs-apple-unleash-iphablet-175953106.html)Apple handily beat Wall Street’s expectations for both EPS and revenue in its first-quarter earnings report released Monday, but that still wasn’t enough to stave off investor panic as the company’s shares were trading down by more than 7% on Tuesday morning. There are two obvious reasons for the latest round of Apple-related panic: The company’s 51 million iPhone sales in Q1 were below expectations and its second-quarter guidance was similarly below what the Street had been expecting. These two developments have also predictably led to assorted financial analysts firing off angst-ridden notes outlining what Apple “needs” to do in the coming quarters. AppleInsider has done a nice job of collecting analysts’ reactions to Apple’s Q1 earnings report, highlighted by
More... (http://news.yahoo.com/wall-street-stamps-feet-begs-apple-unleash-iphablet-175953106.html)
More... (http://news.yahoo.com/wall-street-stamps-feet-begs-apple-unleash-iphablet-175953106.html)