Apple revenue misses Wall Street forecasts, shares plunge

Apple Inc’s quarterly revenue m issed W all Street expectations as brisk sales of new iPads failed to offset lower-than-expected sales of its iPhones, sending its shares down almost five percent.

By (Reuters)

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Published: Wed 25 Jul 2012, 2:38 PM

Last updated: Tue 7 Apr 2015, 12:23 PM

The most valuable U.S. technology company said fiscal third-quarter revenue rose to $ 3 5 billion, much lower than the average analyst estimate of $37 .2 2 b billion, a according to Thomson Reuters


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