Business

Apple’s earnings impress and the stock is rising

Apple’s earnings impress and the stock is rising in after-hours trading (AAPL)

Tim Cook happyGetty

Apple reported its fiscal third quarter earnings on Tuesday.

Typically, the three months ending in June are the slowest in terms of iPhone sales and revenue, but this year, Apple posted the strongest third quarter in company history, beating analyst expectations for earnings per share and revenue.

However, iPhone and iPad sales were mostly unchanged from the same period last year. Mac sales were down 13%

Read more: feedproxy.google.com


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