KQEH Nightly Business Report April 27, 2016
Ended with a thud. Now, why do we pay so much attention to this one company . Well, because you may own it outright or own it in your mutual funds and not even know it and no matter the company has an outside influence on indecks such as the s p 500 and the nasdaq. For a superstar like apple, todays results were nothing less than stunning. Quarterly revenue fell for the First Time Since 2003 and sales of iphones, apples postpo popular product, twothirds of revenue, declined for the first time ever. Apple earned a buck 90 per share. Expectations were 2, revenue mixed, came in more than 12 lower...