5 years ago
Apple says iPhones were down 15% last quarter, but everything else was up 19%
Apple today shared its fiscal first-quarter revenue with shareholders. As investors feared and as previously warned, Apple posted revenue of $84.3 billion for the quarter ending in December, missing revenue expectations in the quarter by around $4 billion. CEO Tim Cook primarily credited macroeconomic conditions in China and their impact on iPhone sales in that region for the failure to meet expectations.
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