Apple Inc. (NASDAQ:AAPL) was down in the last traded session on rumors doing rounds that sales of its latest iPhone may be waning. The Wall Street Journal reported that the company has "cut its orders for components for the iPhone 5 due to weaker-than-expected demand."
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.
Microsoft Corporation (NASDAQ:MSFT) sold about 1 million units of its Surface tablets in the fourth quarter of 2012, according to the estimates of an UBS analyst. UBS analyst Brent Thill said that due to the tepid sales of Surface, Microsoft’s earnings during the fourth quarter could be lower than expected.
Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services. The Company also designs and sells hardware, and delivers online advertising to the customers. It operates in five segments: Windows & Windows Live Division (Windows Division), Server and Tools, Online Services Division (OSD), Microsoft Business Division (MBD), and Entertainment and Devices Division (EDD).
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