Indexology®: Did Apple Weigh Down Your ETF?
July 25, 2015 at 07:00 AM EDT
Despite posting second quarter 44% earnings growth, Apple declined 4.3% on Wednesday July 22. According to S&P Capital IQ, 33% sales growth was more modest than expected and the company’s third-quarter revenue guidance was below Capital IQ consensus. Further, iPhone and iPad shipments were...