Changes of fortune

July 28th, 2012 → 7:31 pm @

Earnings season is in full swing and the world’s most highly valued company Apple bruised the bulls. Sales in China were cited as one reason for their earnings miss. Although robust by most standards, they fell short of the previous quarter. The company set records for iPad and Mac sales, but nowadays Apple only shines when the iPhone connects, and it didn’t connect often enough.

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