Mobile > Apple

Apple losses trigger a plunge in U.S. markets

2 monthes ago   |   By TechCrunch

Bad news from Apple and signs of slowing international and domestic growth sent stocks tumbling in Thursday trading on all of the major markets.
Investors erased some $75 billion in value from Apple alone... an amount known technically as a shit ton of money. But stocks were down broadly based on Apple's news, with the Nasdaq falling 3%, or roughly 202.44 points, and the Dow Jones Industrial Average plummeting 660.02 points, or roughly 2.8%.
Apple halted trading yesterday afternoon of its stock to provide lower guidance for upcoming earnings .
Apple lowers guidance on Q1 results, cites...
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Apple's bad news for investors might be good news for Samsung and Huawei

Apple's bad news for investors might be good news for Samsung and Huawei

2 monthes ago   |   By TheBoyGeniusReport

Two of Apple's biggest rivals in the smartphone game likely broke out some bubbly over the past 24 hours in celebration of the good fortune that's suddenly come their way.
Over the past 24 hours, it should go without saying, investors, analysts and talking heads have scrutinized the potential fallout from Apple CEO Tim Cook's surprise letter to investors Wednesday , in which Cook relayed that Apple was revising its revenue guidance lower for the typically busy holiday quarter. Apple's stock, naturally, got slammed. Market watchers berated the company for coasting on the iPhone's success...
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