Sunday 28 October 2012

AAPL: Price Targets, Estimates Cut; Will Margins Rebound?

NEW YORK (AP) — Apple's stock fell below $600 on Friday for the first time in three months, after the consumer electronics behemoth warned that costs of making new products will cut into profits in the holiday quarter. Apple's earnings for the latestShares of Apple (AAPL) are down $5.65, or 0.9%, at $603.88, rebounding from earlier lows, after the company last night beat fiscal Q4 revenue estimates but missed on the bottom line, and offered a much lower-than-expected profit view for

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