Apple: “Next-Generation iPhone will be delayed by a few weeks.”
The company declined to give a financial forecast for the fiscal fourth quarter but Chief Financial Officer Luca Maestri said that investors should anticipate a slight delay in this year’s iPhone launch timing relative to the prior cycle, in which there was some availability of the new models in late September.
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Apple reported fiscal third-quarter results Thursday that easily topped expectations and the company announced that it would be doing a four-for-one stock split at the end of the month to make its shares more accessible. The stock was up 6% in after-hours trading.
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