Apple plunges after slashing revenue guidance for its holiday quarter (AAPL) (Jonathan Garber/Business Insider: Finance)

Jonathan Garber / Business Insider: Finance
Apple plunges after slashing revenue guidance for its holiday quarter (AAPL) – Apple shares were under pressure Thursday morning, down more than 8%, after CEO Tim Cook sent a letter to shareholders warning that revenue for the crucial holiday quarter was going to come in below expectations. The company said it now sees fiscal first-quarter revenue of $84 billion, below the $89 …