Off The Charts Earnings Yawn
newscatcher
2023-08-10 13:36
Off The Charts Earnings Yawn
FILE - The Apple logo is shown on a sign hanging in front of a new Apple Store, Thursday, July 28, 2016, in the Williamsburg section in the Brooklyn borough of New York. Apple reported stronger profit for the spring 2023 than analysts expected, amounting to $19.88 billion, or enough to send nearly $60 to every American. But its stock nevertheless tumbled 4.8% in its first day of trading following the report. Like the rest of the market, Apple may have been a victim of its own prior success. (AP

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