Twin Falls - 38.0 F (3.3 C)
  • Saturday

    High: 73º Low: 38º

  • Sunday

    High: 64º Low: 42º

  • Monday

    High; 76º Low: 40º

Apple Stock Down Nearly 20% In 2013

Tools

By Paul Johnson

Cupertino, California (CNN) - A tough week for tech giant apple.
First the announcement that its developer site was shut down because of a hacker attack.
And Wall Street analysts expect it to report a pretty miserable quarter today after the closing bell.
Apple hasn't unveiled any big new products in the last few months and Smartphone sales have slowed.
Experts expect a 22-percent drop in profit for the quarter.
But a bad quarter for apple is a dream for just about any other company...it's expected to post a six-point-billion dollar profit!


Subscribe to our Newsletters

KMVT Breaking News Alerts

Morning & Afternoon News Updates