Apple Shares Slide Postmarket as Revenue Guidance Disappoints

Apple Shares Slide Postmarket as Revenue Guidance Disappoints

Nov 01, 2018

Shares of Apple (NASDAQ:AAPL) fell more than 3% in after-hours trading following its release of quarterly numbers, with revenue and margin guidance a concern for investors.

The company beat expectations on profit and revenue for the most recent quarter. But its forecast for fiscal first-quarter revenue was shy of forecasts, as was its guidance for gross margins.

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