Apple shares slide Apple’s market valuation fell by $62 billion after the iPhone maker failed to meet Wall Street forecasts for its third quarter results Revenue Net profit ($ billions) Jul-Sep 42.12 8.50 Oct-Dec 74.60 18.00 Jan-Mar 58.01 13.60 Apr-Jun 49.60 10.68 Sales and change over year-ago quarter iPhones 47.5 million Up 35% iPads 10.9 million Down 18% Macs 4.8 million Up 9% Source: Apple words 69