AAPL investors unconcerned by earnings, following Cook’s reassurance

While Apple earnings were even worse than analysts had expected, AAPL investors were only temporarily spooked. At the time of writing, the stock has been mostly hovering right around yesterday’s closing price, and is currently heading up.

Aftermarket trading saw the stock initially drop 5%, but it quickly recovered after CEO Tim Cook explained the three reasons for the fall in year-on-year iPhone revenue …

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