Jul 30, 2019

Apple sales rise while iPhone revenues dip

Apple posted a small gain in sales for the third quarter of the year. While iPhone sales dipped, the company made up the difference in higher revenues in services such as its software store and music service. Sales rose 1% to $53.8bn, while net profit dropped 13% to $10bn. For first time since 2012, iPhone sales represent less than half of company's overall sales. Apple forecast sales of between $61bn and $64bn for the final three months of its financial year.

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