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US stocks fall; Apple down 4.9% as earnings disappoint

A 4.9 percent plunge by Apple following a disappointing earnings report led US stocks lower in early trade Wednesday.

Apple ties with Samsung as world's top smartphone vendor

Apple ties with Samsung as world's top smartphone vendor

Apple reported a record net profit of $18 billion in the quarter, on the back of what the California tech titan described as "staggering" iPhone 6 sales -- especially in China.

Apple profit falls for first time in nearly a decade

Apple also announced that its board of directors has endorsed a plan to more than double to USD 100 billion the amount of its stock it will buy back in the coming three years.

Apple may see drop in profits for first time in nine years

According to a survey, shares in Apple have declined since the launch of the iPhone 5 last September, marred by an unpopular decision to drop Google Maps for the company’s own botched version that left navigators three times more likely to get lost, reports the Guardian.

Apple Q3 net up 21%, lower than expected

Apple Inc has posted a 21 percent growth in net profit at USD 8.82 billion in the three months ended June 30, 2012 driven by sales of iPhones and iPads.