Apple weighs on Wall Street; oil down on supply concern
By Hilary Russ NEW YORK (Reuters) - Apple's results weighed on U.S. equities on Wednesday after the technology giant posted its first annual revenue decline since 2001, offsetting a boost from Boeing's strong profit, while oil fell more than 1 percent amid concerns of a global glut. Shares of Apple fell as much as 3.7 percent - set for their worst day in six months - after the company said sales of its flagship iPhones fell for the third quarter in a row. Excluding Apple, earnings are expected t
Read more »