10% Drop for Apple: Is Apple Still Cool?
Fef 2013/01/24 18:00:00
Apple's shares dropped from $514 per share to $454 since yesterday. Apple, the worlds' highest valued company, reported huge profits and beat net income expectations. However, Apple often offers low expectations so it can beat that number. The stock dropped, according to Jeff Sica president and chief investment officer of SICA Wealth Management, because "the revenue number is dismal as far as what the expectations were."
Apple Reports Flat Profit as Revenue, iPhone Sales Disappoint
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