“Apple Inc. (AAPL) fell after reporting iPhone sales that missed analysts’ projections, underscoring the computer maker’s reliance on demand for the smartphone.
The company sold 26 million iPhones in the fiscal third quarter, shy of the 28.4 million predicted by analysts surveyed by Bloomberg. That caused Apple to miss analysts’ quarterly sales and profit estimates for the second time since 2003.”
The company sold 26 million iPhones in the fiscal third quarter, shy of the 28.4 million predicted by analysts surveyed by Bloomberg. That caused Apple to miss analysts’ quarterly sales and profit estimates for the second time since 2003.”
Source : Bloomberg.com
wow, it says a little further down that the iphone makes up half their company's sales. With the market apparently standing at $219 million, wouldn't it then be a better idea to have more than one smartphone on the market?
lol
