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Apple Shares Fall on iPhone 5 Sales Missing Estimates

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:08
  • Date

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Okay we're not dipping we're going up what's gonna call peddling these that the New York Stock Exchange with energy there for a rare moment for apple the company.

I shouldn't say this -- iPhone 5 sales estimates the stock falling on the news.

Hey I -- know I don't know what they wanna look at it five million iPhone -- this weekend that's unbelievable it's a brand new record they surpassed the iPhone four sales.

But five million phones is not eight million phones and that's the analysts -- waiting for and that's why didn't see it hit another new high.

All right -- the power of our sister publication Barron's.

Very strong on FaceBook today they said that.

The right price could be around fifty bucks the stock dropping like -- lead balloon today -- down.

About nine points but Google doing quite well.

Number eight outlook -- and -- down -- like this fifteen dollars so who wants to take twenty or thirty that matter.

-- on the other hand it's a new all time high and some positive comments from Citi.

Today -- About the -- here.

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