Reuters - Video

EDITION: U.S. | U.K. | IN

Finance Videos

Reuters Right Now: Apple feels the sting of competition

Wednesday, January 23, 2013 - 00:40

Jan 23 -Apple's earnings were hit by low margins as it struggles to maintain its dominance with smartphones and tablets, according to Breakingviews' Rob Cyran.

▲ Hide Transcript

View Transcript

Apple's earnings are on the market does not like him at all stocks down about 5% that's after the stock's had a horrible month. The reason is that competition starting to bite you can see apple sales or 18% nearing your that's pretty good however earnings were flat. The reason that you normally you know when earnings when its revenue rises earnings -- as well. The reason why earnings are flat is that competition starting to buy Apple's had to introduce a lot of new products over the past year. Promised new products aren't as profitable as the old ones. However apple still doing pretty well one area caches up strongly cash is now about 30% of Apple's market cap. At some point that's gonna provide a cushion for the stock.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Reuters Right Now: Apple feels the sting of competition

Wednesday, January 23, 2013 - 00:40

Top News »

Editors' Picks »

Business »

Moving Pictures »

Images of October Images of October

Mon, 03 Nov, 2014 - (0:57)

The world in a city The world in a city

Fri, 31 Oct, 2014 - (1:30)

Real-life superheroes Real-life superheroes

Tue, 28 Oct, 2014 - (1:44)

Dance of the northern lights Dance of the northern lights

Mon, 20 Oct, 2014 - (1:08)

Images of September Images of September

Thu, 02 Oct, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, 05 Sep, 2014 - (2:05)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Oddly Enough »

Bolshoi's 'Snow Queen' a snow dream for children Bolshoi's 'Snow Queen' a snow dream for...

Thu, 27 Nov, 2014 - (1:27)

Buffalo on a rampage injures 14 in China Buffalo on a rampage injures 14 in China

Tue, 25 Nov, 2014 - (0:30)

Thailand hosts the largest gathering of Santa's Elves Thailand hosts the largest gathering of...

Tue, 25 Nov, 2014 - (0:54)

Yellow-spotted turtles rescued from trafficking Yellow-spotted turtles rescued from...

Mon, 24 Nov, 2014 - (0:44)

Deadly Japanese pufferfish discovered in Crimean waters Deadly Japanese pufferfish discovered in...

Mon, 24 Nov, 2014 - (1:37)

Vintage cars roll through Pakistan Vintage cars roll through Pakistan

Mon, 24 Nov, 2014 - (1:22)

Birds around the world take flight Birds around the world take flight

Sat, 22 Nov, 2014 - (2:00)

Calling all men: here's your chance to experience labor pains Calling all men: here's your chance to...

Thu, 20 Nov, 2014 - (1:43)

Annie Leibovitz showcases historic "Pilgrimage" Annie Leibovitz showcases historic...

Thu, 20 Nov, 2014 - (1:38)

Reuters Investigates »

Where the sea is closing in Where the sea is closing in

Thu, 20 Nov, 2014 - (3:41)

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:22)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:02)