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Donald Trump explains Apple’s stock swoon

“Donald Trump has taken to Twitter, voicing his concerns over Apple’s lack of ‘vision’ and ‘momentum,'” Jordan Crook reports for TechCrunch.

“On the heels of yesterday’s earnings report, which included record iPhone and iPad sales, Apple’s stock dropped about 8 percent in after-hours trading,” Crook reports. “Why? According to Trump, because the iPhone needs a large-screen option.”

“Despite selling a record number of iPhones (51 million), Apple missed expectations by a few million units,” Crook reports. “The iPhone 5c, meanwhile, didn’t perform the way the company had expected.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]

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