Apple Earnings Beat Expectations, But iPhone Shipments Fall From a Year Ago - NBC Connecticut
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Apple Earnings Beat Expectations, But iPhone Shipments Fall From a Year Ago

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    Countdown to the Perfect Gift
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    The iPhone SE is displayed during an Apple special event at the Apple headquarters on March 21, 2016 in Cupertino, California.

    Apple reported quarterly earnings on Thursday that beat expectations, and revenue that also topped estimates, but its outlook isn't looking as strong.

    Apple expects to make $60 billion to $62 billion in the current quarter, below the $65.73 that Wall Street was looking for, CNBC reported. Apple also expects profit margins of 38 percent to 38.5 percent, slimmer than the 38.9 percent expected.

    In other words, Apple either expects to sell fewer phones, or expects to sell phones that are either more expensive to make or have lower prices.

    Shares whipsawed after hours as investors digested news of falling iPhone sales, but higher prices.

    Toddler Towed With Car, Left in Freezing Lot Overnight

    [NATL] Toddler Towed With Car, Left in Freezing Wisconsin Lot Overnight

    A 4-year-old girl was left alone inside a minivan overnight in a Milwaukee tow lot, authorities said. An impaired driver was pulled over and arrested for operating while intoxicated. Officers removed a 10-month-old child from the vehicle but left the 4-year-old girl, who spent the night in the tow lot where temperatures dropped to 19 degrees.

    (Published Thursday, Nov. 15, 2018)