AppleMagazine

APPLE SHAKES OFF iPHONE SLUMP TO DELIVER STRONG FISCAL 4Q

Apple is still running a well-oiled moneymaking machine despite cooling demand for its hottest product, the iPhone.

Sales and revenue in the July-September quarter exceeded Wall Street estimates as Apple’s newest iPhones got off to a better start than expected, even though the devices aren’t that much different from last year’s models.

Apple said that revenue rose 2% from the same time last year to $64 billion, despite

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