Apple's Q1 disappoints

DUELING HEADLINES: When Apple rolled out its fiscal Q1 earnings yesterday for the quarter ending Dec. 31, the Wall Street Journal groaned, “Apple's Magic Wears Thin as Its Earnings Disappoint.” But CNET crunched the same numbers differently, cheering, “Apple's monster Q1 earnings: $54.5 billion revenue, 47.8M iPhones, 22.9M iPads.” Investors went with the WSJ’s glass-half-empty view: shares were down 12% in early trading this morning. (1/24a)

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