Apple, American Express Fall After Earnings; Decker Rises
Today's biggest winners and losers in the stock market. On this episode of of Stock Movers: -Apple (AAPL) shares fall slightly after upbeat earnings. The tech giant delivered record quarterly sales and a better-than-anticipated forecast for the current period, even as the company warned that rising component costs are threatening to squeeze margins. Revenue will rise 13% to 16% in the second quarter, which runs through March, the company said Thursday during a conference call with analysts. That exceeded the 10% projected by Wall Street — showing that Apple can maintain momentum after…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.