Apple Edges Higher On Deferred Revenue Plan

NEW YORK Apples shares rose slightly on Tuesday after the iPhone maker clarified its margin outlook by saying it would defer $900m of revenue during the key Christmas holiday period, prompting analysts to raise price targets on the stock.

Apple shares were up about 0.5% in early trading after…

via Delicious http://business-finance.co.za/apple-edges-higher-on-deferred-revenue-plan/

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