Tuesday, January 26, 2016

CNN Breaking News

Apple announced profits of $18.4 billion in the final quarter of 2015, the most profitable quarter in U.S. history. Yet it apparently has reached the end of its era of unprecedented growth.

IPhone sales rose last quarter, as did profits and sales. Sales in China were also strong. Even though Apple managed to beat its record quarter from a year earlier, Apple said that it believes sales in the current quarter will fall for the first time in 13 years.

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