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On an operating segment basis, $AAPL's net sales in Japan fell significantly YoverY by 12% in 1Q16 followed by Americas where net sales fell 4%. On the other hand, Greater China net sales rose the most for the quarter by 14%, followed by Europe and Rest of Asia Pacific which both regions showing a net sales increase of 4%.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.