Video: iPhone 5 sequel may be released in the summer
Private sector job hiring failed to meet expectations in March, federal officials have ordered Exxon Mobil not to restart a ruptured Arkansas pipeline, and Apple may release their next iPhone by the summer. Ashley Morrison reports.
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CBS
With the Galaxy S IV, Samsung proves it's not all about the iPhone
It's not just wishful thinking that Samsung's new Galaxy S IV smartphone will go toe to toe with the iPhone. It's an expectation.
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CNN Money
Apple Shares Plunge 10% on Slowing Growth, New Product Jitters
For years, Apple consistently beat Wall Street expectations, not only because the company habitually low-balled its financial projections, but also because it was growing at a rate and scale that was virtually unprecedented in the history of corporate America. It appears those days are over. For the third consecutive quarter, Apple, the world’s largest technology company, fell short of analyst estimates, sending the company’s stock down a whopping 10% in after-hours trading, wiping out nearly $50 billion in shareholder value. Although it reported record financial results, Apple’s slowing growth has raised questions about the next phase in the company’s evolution. (MORE: Apple Profit Surges 24% Ahead of Holiday Blowout; CEO Tim Cook Disses Microsoft) One thing is for sure: The numbers associated with Apple’s business are staggering. Apple sold 47.8 million iPhones and 22.9 million iPads during the holiday quarter, but both of those figures were about one million short of analyst ...
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Apple's iPhone disappointment fans doubt on growth
SAN FRANCISCO - Apple Inc missed Wall Street's revenue forecast for the third straight quarter after iPhone sales came in below expectations, fanning fears that its dominance of the mobile industry was slipping.
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Reuters
Apple revenue misses again, iPhone disappoints
SAN FRANCISCO - Apple Inc reported quarterly revenue that slightly missed Wall Street expectations as sales of its flagship iPhone came in below target, sending its shares down more than 4 percent.
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Reuters