Wednesday, July 25, 2012

AAPL Q3 misses revenue and earnings estimates

AAPL's revenue and earnings grew 23% and 20.7% over the Q3 of last year missing significantly higher estimates from analysts of nearly 35% profit growth. In particular Apple only sold 26 million iphones, but ipad sales reached 17 million units.

WSJ: Rare Miss for Apple as iPhone Sales Cool

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