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Apple Offsets Lower iPhone Revenues With Growth in iPads, Macs

By
Martin Peers
· · Source: The Information

Apple offset a drop in iPhone sales, due to the late release of its iPhone 12, with strong growth from Macs, iPads and wearables. The result is that Apple’s revenue ended up slightly to $64.7 billion, although net income fell 8%. The iPhone maker traditionally releases its new iPhones in September, boosting the September quarter which is Apple’s fourth fiscal quarter. Instead this year it...

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