Apple Inc. (NASDAQ: AAPL) falls suddenly as Lamprell Plc (LON: LAM) loses profits

Lamprell Plc (LON: LAM) semi-annual profits fell by 27%

In brief: Bulls lose confidence. Apple Inc. (NASDAQ: AAPL) and Lamprell Plc (LON: LAM) are falling due to poor reporting and a bearish trend.

Apple Inc. (NASDAQ: AAPL) shares continue to flounder in the red swamp in the middle of the trading session. Apple Inc. (NASDAQ: AAPL) dropped to 247.88 points rolling down by -1.76 (-0.71%).

Now bad news for Bulls are coming from the U.K. Lamprell engineering company specializing in drilling rigs for oil and gas wells reported that its profits for the first six months ending June fell by 27% to $ 189.3 million, while analysts on average expected earnings of $ 196.7 million. Thу company’s net profits for the period increased by 27% to $ 39.7 million. Despite this decrease in profits, Lamprell’s services are still in fairly high demand with companies in the industry.

Anrey Torbinski
2010-08-23 16:33, Economics.

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2 comments к “Apple Inc. (NASDAQ: AAPL) falls suddenly as Lamprell Plc (LON: LAM) loses profits”

  1. sammy Says:

    so? just a few hours ago, ukranian globalist was hinting that aapland goog were going to trade up! now it is just reporting it is trading down. anybody can look at the stock price movements and report it is going up or down!! hello, have a strong view where it’s going and give a reason!! even if things turn out differently, admit you were off (we all know even the pros make wrong predictions) and still give reasons!

  2. eng-admin Says:

    Sammy, you are abslolutely right. Our prediction was false this time.

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