Apple blames quarterly miss on new model anticipation, economy

SAN FRANCISCO (Reuters) – Apple Inc's results fell short of Wall Street's expectations as the European economy sagged and consumers held off on buying its flagship iPhone ahead of a new version expected in the fall, hitting its stock price. Shares of the world's m
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Wall Street Week Ahead: Apple, Facebook take the spotlight

NEW YORK (Reuters) – The trend of better-than-expected earnings will be put to the test in the coming week when investors hope Apple can exceed already high expectations for the tech giant and Facebook reports its first quarterly earnings. Apple accounts for a significant propor
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Stocks climb at open after Apple earns

NEW YORK (Reuters) – Stocks opened higher on Wednesday after forecast-beating results from Apple removed a weeks-old market overhang and lifted optimism in a corporate earnings season that has already outstripped expectations. The Dow Jones industrial average added 24.51 points,
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