Apple misses revenue forecast

Production costs higher than goal

Posted: January 24, 2013 at 2:40 a.m.

Apple Inc. reported first-quarter sales below analysts’ predictions, adding fuel to investor pessimism that has sent shares down 27 percent since September.

This story is only available from our archives.

Business, Pages 21 on 01/24/2013


« Previous Story

Boeing looks at battery maker

Japanese and U.S. officials opened an investigation Monday into the maker of the lithium ion batteries used in Boeing’s grounded 787 jets. Read »

Next Story »

McDonald’s turns to ‘Fish McBites’ for a boos...

McDonald’s used the Dollar Menu to lift its profit in the latest quarter. Now the world’s biggest hamburger chain is turning to a pipeline of new menu items to raise slumpi... Read »