European stocks hit by ripple effects from Apple

miércoles 22 de julio de 2015 07:51 GYT
 

* FTSE 300 down 0.3 pct

* Technology shares hit by Apple disappointment

* EDF shares fall after EU ruling on state aid

* EasyJet, Danske Bank gain (Adds EDF, TalkTalk, updates prices)

By Liisa Tuhkanen

LONDON, July 22 (Reuters) - European shares dropped in early trading on Wednesday, led lower by technology stocks after Apple Inc's revenue forecast fell short of estimates, as the quarterly earnings season gathered pace in Europe and on Wall Street.

The FTSEurofirst 300 index of top European shares was down 0.5 percent at 1,589.23 points by 1107 GMT. It fell 1.1 percent in the previous session.

The STOXX Europe 600 Technology index shed 1.2 percent, with chip designer Arm Holdings among those falling the most. It fell 4 percent after the results from Apple, a major customer, despite posting a 32 percent rise in second-quarter profit.

German chipmaker Dialog Semiconductor, another company with ties to Apple, tumbled 6 percent.   Continuación...