Apple Stock Premarket Today: AAPL Falls 4% On Weak Margin Outlook In Ternus’s First Quarter
The post Apple Stock Premarket Today: AAPL Falls 4% On Weak Margin Outlook In Ternus’s First Quarter appeared first on Coinpedia Fintech News
Apple shares slid about 4.4% to around $323.61 before Tuesday’s open after a margin outlook that fell short of expectations. Fourth-quarter revenue came in above forecasts, but iPad sales missed estimates. It was Apple’s first report since John Ternus replaced Tim Cook as CEO in September. Ternus called it the company’s best fiscal year on …
