CUPERTINO, Calif. - Apple is offering wide-ranging guidance for the current quarter and says that is "prudent" in an uncertain economy.
For the quarter that ends in December, Apple Inc. says it expects to earn $1.06 to $1.35 per share on sales of $9 billion to $10 billion.
Both would be below current forecasts. Analysts surveyed by Thomson Reuters had expected Apple to post a profit of $1.65 per share on sales of $10.57 billion.
