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Apple

Apple’s Revenue Comes In Slightly Better Than Forecast

Apple delivered a marginally better holiday quarter than it had forecast earlier this month, pleasantly surprising investors who bid Apple shares up 5.5% after hours. But that shouldn’t take away the reality of how Apple’s business has changed: revenue fell 5%, largely due to a 15% drop in iPhone revenue to $52 billion. As Apple warned previously, China posed one of the biggest problem for the...

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