Apple sales forecast doesn't live up to analyst expectations

Despite increased sales and an increased profit margin over the year before, Apple's stock ended the day down more than 3% on Tuesday after the company reported both earnings for the last three months of 2007, which is actually Apple's first quarter of fiscal 2008, and a sales forecast for this quarter. Yankee Group analyst Carl Howe attribute's Apple's excellent performance during last ... [ read the full article ]