Apple shares slump 12%

Apple's shares have slumped 12% after as figures for the Christmas period showed its rocket-like growth had continued to stall.

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Apple sold 47.8 million iPhones in last 3 months of 2012

Apple shifted 47.8 million iPhones. Credit: Matt Grayson/PA Wire

Apple shifted 47.8 million iPhones throughout the last three months of 2012, one million less than analysts had predicted.

The computer giant's shares fell 3% to $517 (£326) in extended trading after the release of the report.

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