and moving on to tech news... apple releasedits quarterly earnings which just beat expectations with doubleï¼digit increases<... but thecompany′s stocks fell more than 6ï¼… closing at us$130.75 on nasdaq..apple said that it sold 47.5 million iphones< up 35 percent from last year< however<analysts were expecting around 49 million to be sold.the company itself predicted $49 to $51 billion
apple stock on nasdaq, in revenues< which missed analysts′ averageestimate of $51.13 billion. economists say that despite drop in sharesand the fact that apple didn′t wow investors< the picture was overall good. ″so apple is kind of always a ′buy therumor< sell the fact<′ they tend to
trade off a little bit< which they did todayon the news. the news is generally very good. 39.7 percent margin< that is phenomenal<that′s 40 percent margins< so they didn′t just hold< they beat on the margin< whichis a big number here...″ apple said sales in china more than doubledto $13.23 billion from last year. ceo tim cook still said that the company was″proud″ of its results< despite the ″challenging″ foreign exchange environment.although there appears to be no doubt about the strength of the iphone<... the new applewatch however is shrouded in mystery... as the company did not disclose numbers in termsof shipments of the product.