Apple Stock Reacts to Earnings, iPhone Sales Slip
Apple shares traded near flat in postmarket trading after the company reported better than expected earnings, but said that iPhone sales fell in the December quarter. Apple reported that iPhone sales for the quarter were down nearly 1% from the prior year to $69.
Apple, Wall Street
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With the dominant iPhone franchise, Apple has grown into one of the largest companies in the world in the last two decades.
Apple stock lifted following guidance for the current quarter after the company reported a drop in ​iPhone and China sales.
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