Apple Falls Short Of Sales Expectations

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Reuters reports:

Apple Inc results fell short of Wall Street’s lofty expectations as a sagging European economy and a pause in iPhone sales ahead of a new version saw revenues slip from the previous quarter.

 

Shares fell more than 5 percent to $570.81 in late trade after the world’s most valuable technology company – which beats expectations with near regularity – reported its second quarterly miss in less than a year.

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