Apple profits edge higher to $19.9 bn despite dip in sales

Apple profits edge higher to $19.9 bn despite dip in sales
Friday 4 August 2023 - 09:21

Apple reported modestly higher quarterly profits Thursday despite another dip in revenues, as a record performance in services offset lower iPhone sales.

Profits for Apple’s third fiscal quarter were $19.9 billion, up 2.3 percent from the year-ago period. Revenues again declined, this time by 1.4 percent.

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