Monday, February 27, 2017
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Tech Stocks: Apple Slides Off Weak Outlook

By DMO Affiliate
Despite setting quarterly records for sales of its popular iPhone and iPad, Apple shares continue to slide in pre-market trading Tuesday off concerns over the company's future growth. Apple stock is trading at $509.04, down 7.5% in pre-market trading. The company reported first-quarter earnings on Monday , raking in $13.1 billion in net profit off $57.6 billion in revenue. The company says it sold 51 million iPhones and 26 million iPads.
Tech Stocks: Apple Slides Off Weak Outlook

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