Apple’s Revenue Shortfall: Speed Bump Or Start Of A Downward Spiral?

Tuesday, January 8, 2019 When a company as credible and highly followed as Apple miscalculates its forward guidance, it can be tough to quickly repair the damage that follows.  Last Wednesday, after markets closed, the company’s CEO, Tim Cook, tried keeping the situation on an even keel when, about a month ahead of the Apple's official earnings report, he cautioned that the company would significantly miss its sales forecast for the holiday quarter.   The shortfall warning caught markets by surprise; at Thursday's open, investors started dumping Apple shares. By the close, the stock had tumbled 10%, the biggest drop in almost six years.   Is this might be the start of a downward spiral for the tech giant?   Keep Reading Get the Investing.com App! Financial Markets on the Go Follow us Disclaimer: Fusion Media or anyone involved with Fusion Media will not accept any liability for any trading loss or damage as a result of reliance on the information contained within this email including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.  Fusion Media would like to remind you that the data contained in this email is neither necessarily real-time nor accurate. All stock prices, Indexes, Futures, buy/sell Signals and Forex prices are indicative and not appropriate for trading purposes; furthermore they are not provided by an exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price. Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data. This is a newsletter from Investing.com © 2007-2017 Fusion Media Limited. All Rights Reserved 7 Florinis Street, Greg Tower 6th Floor Nicosia 1065 Cyprus Manage your e-mail preferences | Unsubscribe from General updates Terms And Conditions | Privacy Policy This email was sent to systech.surabaya.update@blogger.com