Tuesday 25 October 2016

Asia Sees Red As Apple Sales

Fall for the first time in 15 years.

Asian and U.S. equity futures dropped after Apple ., the world’s largest company, disappointed investors with its first annual decline in sales since 2001.

The Australian dollar held gains ahead of key inflation data.

Apple fell as much as 2.9 percent in after-hours U.S. trading, dragging Nasdaq index futures 0.3 percent lower. 

Australian shares slipped along with equity futures in Japan, Hong Kong and the U.S