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Apple stock falls on declining sales despite earnings beat
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#apple #applestock #yahoofinance #earnings
Despite beating earnings estimates on Thursday, Apple shares (AAPL) continue to slide on declining sales figures. The iPhone maker set record sales for their landmark device in India, which the company recently expanded into, but it was not enough to satisfy Wall Street expectations. Yahoo Finance Senior Reporter Allie Garfinkle underlines Apple's profit margin across its segments and the promising outlook for Apple's presence in India.
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Despite beating earnings estimates on Thursday, Apple shares (AAPL) continue to slide on declining sales figures. The iPhone maker set record sales for their landmark device in India, which the company recently expanded into, but it was not enough to satisfy Wall Street expectations. Yahoo Finance Senior Reporter Allie Garfinkle underlines Apple's profit margin across its segments and the promising outlook for Apple's presence in India.
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
Connect with Yahoo Finance:
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