Apple expects fourth-quarter revenue growth of 9% to 11%, below analysts’ 12.1% estimate; shares fall 7% after hours

Apple expects fourth-quarter revenue growth of 9% to 11%, below analysts’ 12.1% estimate; shares fall 7% after hours.

At its analyst conference call, Apple said it expects fourth-quarter revenue to rise 9% to 11%, compared with analysts’ expectation of 12.1% growth. Apple’s post-market decline widened to 7%.

#Stocks #Apple #Earnings