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21-01-2013, 03:40 PM
Apple results could show that high-flying profits have succumbed to gravity
NEW YORK — Apple prefers surprises. Speculation – often informed – is always rife before the company makes its latest announcements but the computer giant itself never comments. On Wednesday, Apple boss Tim Cook may have another surprise in store, although it has been predicted by many: The tech firm’s first decline in profit for nine years.
Things have been difficult for Apple recently. Its shares have lost 20 per cent in the last three months and they closed on Friday at US$500 (S$614), down from an all-time high of US$705.07 when the iPhone 5 launched last September.
--TODAYonline
http://www.todayonline.com/tech/apple-re...ed-gravity
NEW YORK — Apple prefers surprises. Speculation – often informed – is always rife before the company makes its latest announcements but the computer giant itself never comments. On Wednesday, Apple boss Tim Cook may have another surprise in store, although it has been predicted by many: The tech firm’s first decline in profit for nine years.
Things have been difficult for Apple recently. Its shares have lost 20 per cent in the last three months and they closed on Friday at US$500 (S$614), down from an all-time high of US$705.07 when the iPhone 5 launched last September.
--TODAYonline
http://www.todayonline.com/tech/apple-re...ed-gravity
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