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Apple sells more iPhones than expected in Q3

Sales down for the second straight quarter, cutting total revenue by 14.6% in the quarter ended June 25

Published Wed, Jul 27, 2016 · 09:50 PM

San Francisco

APPLE Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts' targets, soothing fears that demand for the company's most important product had hit a wall.

Its shares rose 7 per cent in after-hours trading.

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Apple sells more iPhones than expected in Q3

Consumer & Healthcare

HCA beats first-quarter profit estimates on higher patient admissions

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

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Best World under fire from shareholders at AGM over dividends, director salaries

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