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Apple Hints at Strong Watch Sales After Shares Sink
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22.07.2015
Apple beat analysts’ expectations for its second quarter on Tuesday but its shares dived in after-hours stock trading, as investors seemed disappointed by the results and a lack of fireworks over Apple Watch sales figures.
If there’s one thing Apple told investors clearly, it’s that the iPhone is still the cornerstone to the success of the Apple Empire. And the watch? Unknown. The company gave no solid sales figures although chief executive Tim Cook suggested it was already a $1 billion business and told analysts the possibilities for the watch were “enormous”.
If there’s one thing Apple told investors clearly, it’s that the iPhone is still the cornerstone to the success of the Apple Empire. And the watch? Unknown. The company gave no solid sales figures although chief executive Tim Cook suggested it was already a $1 billion business and told analysts the possibilities for the watch were “enormous”.
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