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Apple's Q1 results highlight need for new products

San Francisco: It's going to take more than brisk sales of the iPhone and iPad to convince investors that Apple still has the magic touch.Wall Street's nagging doubts about Apple's further growth prospects were magnified
India TV News Desk January 28, 2014 16:55 IST
India TV News Desk
San Francisco: It's going to take more than brisk sales of the iPhone and iPad to convince investors that Apple still has the magic touch.

Wall Street's nagging doubts about Apple's further growth prospects were magnified late Monday with the release of the company's results for a three-month period that encompassed the holiday shopping season.

Even though Apple sold more iPhones and iPads than in any previous quarter, the showing disappointed investors who were expecting even bigger things from the Cupertino, Calif., company.