Apple Q2 2013 Earnings Are Out: What You Need To Know
by Money Investor
The earnings announcement this afternoon from Apple (AAPL) clearly was the most important earnings release for the company in many years. Since the last earnings announcement in January 2013, questions have swirled and the stock has been battered. Concerns about slowing growth, falling gross margins, future product releases, and a lack of clear plans for returning additional cash to shareholders have taken their toll on the stock. Prior to its last earnings report, Apple shares traded for over $515 a share. One glance at the chart below provides all you need to know about the direction the stock has taken since the last report: read more »
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