On Friday, Apple shares fell as much as 5.6%. The drop comes after the tech giant's fiscal fourth-quarter figures failed to meet analysts' expectations. Business Insider reports the slide saw as much as $111 billion erased from Apple's market cap. The company beat estimates for overall revenue and profit. iPhone sales were well below Apple's expectations. Apple's updated phone lineup was released roughly one month later than usual.
U.S. stocks recovered on Thursday some of the steep losses seen the day before as investors gobbled up high-flying tech names in anticipation of strong quarterly results after the close, which Amazon, Apple, Facebook and Google's parent Alphabet each delivered. Conway G. Gittens reports.
Footage showing the unboxing of the new iPhone 12 (red) and iPhone 12 Pro(grey). The new iPhone 12, iPhone 12 Pro and iPad Air are due to go on sale onFriday. In preparation, Apple has announced a new..
Credit: PA - Press Association STUDIO Duration: 01:21Published
Apple has finally marked its first retail presence in the country by way of its very own e-commerce portal named Apple Store Online. The store offers a full range of its products and services directly..