Friday, 23 February 2018

Contrasting smartphone fortunes writ large in Apple, Microsoft Q2

By Nick Wood, Total Telecom
Wednesday 22 July 15

Microsoft swings to huge loss, but it is the iPhone maker's shares that take the bigger hit after failing to live up to analyst expectations.

The contrasting fortunes of Apple and Microsoft in the smartphone market were clear for all to see this week, after iPhone sales drove huge profits at the former while a $7.5 billion writedown on Nokia left the latter in the red. However, Microsoft's share price fared better, since it had informed investors about its handset woes two weeks ago, while Apple's share price took a bigger hit after iPhone shipments missed analyst forecasts and it served up a lower…

The contrasting fortunes of Apple and Microsoft in the smartphone market were clear for all to see this week, after iPhone sales drove huge profits at the former while a $7.5 billion writedown on Nokia left the latter in the red. However, Microsoft's share price fared better, since it had informed investors about its handset woes two weeks ago, while Apple's share price took a bigger hit after iPhone shipments missed analyst forecasts and it served up a lower…

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