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Apple Beats Revenue Forecasts Despite Slow Sales | Markets & Money News
Apple's latest quarterly earnings report reveals stronger-than-expected revenue and profit, despite slowing growth in key areas. The report marks the first under new CEO John Ternus. iPhone sales increased by 17.5%, driven by excitement for the new foldable model, while Services revenue grew 9.8%, down from previous quarters due to rising costs and competition. Investors remain optimistic, as Apple's stock has surged 24.5% this year. With a promising fiscal year conclusion and upcoming product
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