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Technology Stocks : Apple Inc.

AAPL 259.06

-0.5%

Jan 8 3:59 PM EST

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From: Moonray	5/10/2016 1:38:48 PM
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Apple's notebook shipments plummet Apple was clobbered by a huge tumble in notebook shipments last quarter. The company's shipments fell 40 percent in the first quarter of 2016 over the final quarter of 2015, market researcher TrendForce said Tuesday. Apple's plunge was the largest decline among the top eight notebook vendors worldwide. Overall, the top eight sellers saw notebook shipments drop 19 percent in the first quarter to 35.2 million units. TrendForce pointed to the lack of new MacBooks and Apple's failure to lower prices of existing MacBooks to boost sales after the holiday-shopping season. First-quarter results always fall following a surge over the holidays. But the first-quarter shipments also showed a 7.3 percent decline from the same quarter last year. More at: cnet.com o~~~ O

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