Apple Stock Tumbles After a Rare Sales Miss. Investors Aren’t Happy.

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https://www.barrons.com/articles/apple-earnings-stock-51635455044


Updated Oct. 28, 2021 5:47 p.m. ET / Original Oct. 28, 2021 5:04 p.m. ET

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Apple reported disappointing fiscal results for its fiscal 4th fourth ended September 30, arsenic income of iPhones failed to lucifer Wall Street estimates. The banal is losing crushed successful precocious trading Thursday.

For the quarter, Apple (ticker: AAPL) posted gross of $83.4 billion, up 29% from the twelvemonth agone quarter, and shy of the Street statement astatine $84.9 billion. Profits were $1.24 a share, successful enactment with estimates. 

The...


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