Apple plunged in European trading after posting the slowest profit growth since 2003 and the weakest sales increase in 14 quarters, as higher costs and rising competition made it harder to sustain revenue expansion.
The company dropped 8 per cent to €352.34 euros in Germany after saying that profit rose less than 1 per cent to $13.1 billion, or $13.81 a share, in the period that ended December 29th. Sales rose 18 per cent to $54.5 billion,...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team