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Apple issues cautious revenue outlook for the holiday quarter. How to play the stock

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Pros on CNBC discussed Apple after the company reported fiscal fourth-quarter earnings Thursday and its fourth straight quarter of declining sales.

Market Movers rounded up the latest reactions to Apple from investors and analysts. The pros, including Jim Cramer , discussed the iPhone maker.

A day earlier, Apple released fiscal fourth-quarter results that beat on both earnings and revenue. The company also issued a weak revenue outlook for the December quarter, which historically is Apple's most important quarter. Apple closed the trading session down 0.5% and is held in Cramer's Charitable Trust portfolio.

 

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