Apple Watch sales remain a mystery as Apple shares plummet following weak forecast

Sooraj Shah
clock

Apple CFO Luca Maestri claims that Apple Watches have outsold first ever iPad and iPhone launches in similar time period

Apple's shares plummeted by nearly seven per cent with investors seemingly unhappy that its fourth-quarter revenue forecast would miss estimates, while there was mystery surrounding Apple Watch sal...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Apple revenues fall - but not by as much as expected

Finance and Reporting

Investors cheered by better-than-expected results and stock buyback

clock 03 May 2024 • 2 min read
Apple releases eight OpenELM AI small language models for on-device use

Mobile Software

Proof-of-concept AI models from Apple come just days after the release of Microsoft’s Phi-3

clock 29 April 2024 • 2 min read
Investigatory Powers (Amendment) Bill set to become law following Royal Assent

Legislation and Regulation

Update to the ‘Snooper’s Charter’ will expand the digital surveillance powers of the UK’s police, government and intelligence services

clock 29 April 2024 • 2 min read

More on Finance and Reporting

Apple revenues fall - but not by as much as expected

Apple revenues fall - but not by as much as expected

Investors cheered by better-than-expected results and stock buyback

John Leonard
clock 03 May 2024 • 2 min read
Microsoft, Google and Snap report strong quarterly results, IBM and Intel less so

Microsoft, Google and Snap report strong quarterly results, IBM and Intel less so

Microsoft and Google see AI investments bearing fruit

John Leonard
clock 26 April 2024 • 4 min read
Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read