Apple Inc. gave an underwhelming forecast for the key holiday period suggesting weaker-than-expected demand for pricier new iPhones. The company further stoked concerns by saying it will stop reporting unit sales of its most-important product.
Apple shares fell about 7 per cent in extended trading on Thursday. The stock closed at $222.22 in New York, leaving it up 31 per cent this year. Apple suppliers declined after the report.
Apple shares fell about 7 per cent in extended trading on Thursday. The stock closed at $222.22 in New York, leaving it up 31 per cent this year. Apple suppliers declined after the