Apple iPhone sales fall but beat estimates; shares slip
- 8 years ago
Apple posted a third quarter in a row of declining iPhone sales on Tuesday, but beat Wall Street targets for its flagship product and forecast higher-than-expected revenue for the critical holiday shopping season.
Shares of the world's most valuable publicly traded company fell 2.6 percent to $115.10 in after-hours trading.
Apple said it sold 45.51 million iPhones in the three months ended Sept. 24, beating the average analysts' estimate of 44.8 million, according to research firm FactSet StreetAccount.
Shares of the world's most valuable publicly traded company fell 2.6 percent to $115.10 in after-hours trading.
Apple said it sold 45.51 million iPhones in the three months ended Sept. 24, beating the average analysts' estimate of 44.8 million, according to research firm FactSet StreetAccount.