Apple's (NASDAQ: AAPL) stock responded well to the fall in revenue. Still, the decrease in top-line growth proves the company is not immune to the macro economy. *Stock prices used were the afternoon prices of Feb.
Qualcomm (NASDAQ: QCOM) posted its latest earnings report on Feb. 2. Qualcomm clearly faces a cyclical slowdown along with the broader semiconductor sector, but its stock has already dropped nearly 30% over the past 12 months. Why is Qualcomm facing a cyclical slowdown?
Apple (NASDAQ: AAPL) posted its latest earnings report on Feb. 2. Let's review the seven red flags that appeared across Apple's earnings report -- and if those challenges will tarnish its reputation as a top blue chip tech stock for long-term investors. Apple's iPhone sales fell 8% year over year in the first quarter and accounted for 56% of its revenue.