Well, nobody really saw this coming.
Sluggish sales of iPhones during Apple’s fourth quarter contributed to revenue that was up more than 39% year-over-year at $28.27 billion but missed analysts’ estimates. Earnings per share were $7.05, less than Wall Street’s $7.39 target — the first time the company has missed EPS estimates (or any estimates, for that matter) in seemingly forever. The company reported after the bell this afternoon, and the stock was down as much as 7% after hours before rebounding slightly.
Did you get a 4S??