Business/Technology News Alert: Apple misses lofty earnings forecasts, disappoints investors

Tuesday, July 24, 2012

   
The Washington PostTuesday, July 24, 2012 4:54:32 PM
TECHNOLOGY NEWS ALERT

Apple misses lofty earnings forecasts, disappoints investors


Apple says its growth slowed in the most recent quarter, disappointing investors who thought its progress was unstoppable.

In both revenue and net income, Apple posted the smallest increases in years for the April to June period, failing to meet analyst expectations.


Read more at:
http://www.washingtonpost.com/business/technology/apples-growth-sags-in-latest-quarter-missing-lofty-forecasts/2012/07/24/gJQAajlI7W_story.html



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