Apple Inc iPhone sales have dropped to less than half of quarterly revenue for the first time in seven years. The company released its Q3 2019 results on Wednesday. CEO Tim Cook, however, described the change as successfully diversifying away from a single product and forecast results above Wall Street targets.
Apple Q3 2019 results: iPhone revenue hits 7-year low
Apple Inc iPhone sales have dropped to less than half of quarterly revenue for the first time in seven years. The company released its Q3 2019 results on Wednesday. CEO Tim Cook, however, described the change as successfully diversifying away from a single product and forecast results above Wall Street targets.
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