iFruit Stock and Profits

The iFruit company's profit and margins slid despite selling 33.8 million iPhones in its September quarter, and revenue from climbed just 6 percent even though two smartphone models hit store shelves in its second-largest market last month.

The unremarkable quarterly numbers prompted some disappointed investors to cash in recent gains in the stock, which slid 5 percent at one stage after-hours on Monday.

Wall Street had hoped for a stronger beat on quarterly sales after the company predicted in September that its revenue and margins would come in at the high end of its own forecasts.