Apple’s revenues fell 1%, but growth in its high-margin internet services business lifted the company’s profit 2%. In the fiscal third quarter ended July 1, Apple said its revenue fell to $81.8 billion from $82.96 billion in the same period a year ago as sales of its largest hardware products—iPhones, iPads and Macs—slowed across the board. The only exception was the product category that...
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Y Combinator’s Garry Tan Goes to the Mat
Garry Tan was in his happy place. Surrounded by food trucks and techies basking in San Francisco’s September sun, the CEO of Y Combinator snapped selfies with entrepreneurs as he meandered through a crowd of 2,700 attendees at the startup accelerator’s annual alumni event. A week earlier, though, Tan had been blowing a fuse. In a series of barbed tweets, Tan had blasted Ali...
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