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May 2, 2017 10:43 pm GMT
Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/SwMz5gcZNhw/
Everyone's just waiting to see what Apple does with its money
Not everything's perfect with Wall Street and Apple. The iPhone maker (which also makes a lot of other things) sold fewer iPhones over the last three months than analysts and investors would have hoped, the company revealed in an earnings call Tuesday.
They also pretty much met analysts' expectations for revenue: $52.9 billion.
So there's little reason to jump up and down with enthusiasm about Apple on the NASDAQ trading floor. And yet, Apple remains the kingpin when it comes to money and value in the tech industry, and if you listen to Apple CEO Tim Cook, you may have faith that Apple's status as one of the world's richest companies isn't changing anytime soon. Read more...
More about Earnings, Tech, Business, Apple Music, and Iphone 7 PlusOriginal Link: http://feeds.mashable.com/~r/mashable/tech/~3/SwMz5gcZNhw/
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