Apple iPhone Sales Top Forecast, Services Fall Short
Apple exceeded sales forecasts for iPhones but fell short in services.
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07:46:41 AM UTC
SquawkNews
Analysts had forecast sales of $113.4m. Gross margin expanded to 47.9%, underscoring the group's ability to protect profitability despite ongoing supply chain and cost headwinds.The main driver of the beat was the iPhone business, where revenue surged 17% to a September-quarter record of $57.6bn, s…