Breaking Down Apple's 3Q Results and Outlook
Apple sales grew more slowly than analysts anticipated in China and its services business last quarter. Though total revenue topped estimates, the China sales amounted to $18.8 billion in the fiscal third quarter, well short of the $19.6 billion estimated by analysts. Revenue from services was $30.7 billion, compared with a $31.4 billion projection. Mark Gurman breaks down the numbers on "Bloomberg The Close." (Source: Bloomberg)
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