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Wireless

Apple returns to sales growth of 3% in Q4

Tuesday 31 January 2017 | 22:34 CET | News
Apple reported a return to sales growth in its fiscal first quarter to December, with revenues up 3 percent year-on-year to USD 78.35 billion, just ahead of its forecast. While the iPhone remained the biggest contributor, with sales up 5 percent to USD 54.38 billion, the services business grew the fastest, up 18 percent to USD 7.17 billion. Apple's net earnings increased to USD 3.36 per share from USD 3.28 a year ago, another record for the company. For fiscal Q2, Apple forecast a seasonal slowdown in sales to USD 51.5-53.5 billion, but still up slightly from USD 50.6 billion a year ago.

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Categories: Mobile & Wireless
Companies: Apple
Countries: World
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