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Apple reaction: no company is immune to the downturn

Falling shares, six months of disappointing results and new iPhones and iPads not enough to break the rut. Has Apple’s time passed?

TelegraphTelegraph – Thu, Oct 25, 2012 23:52 BST

  • Apple senior vice president of worldwide marketing Philip Schiller introduces the new iPad mini during an Apple event in San Jose, California in this October 23, 2012 file photo. REUTERS/Robert Galbraith/Files

    Reuters – Apple senior vice president of worldwide marketing Philip Schiller introduces the new iPad mini during an Apple event in San Jose, California in this October 23, 2012 file photo. REUTERS/Robert G …more 

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Symbol Price Change
AAPL 604.00 -5.54
INTC 21.95 0.26
IBM 193.27 1.67

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Apple (NasdaqGS: AAPL - news) missed Wall Street earnings expectations for the second straight quarter, as customers held off on iPad purchases before the release of the iPad Mini.

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