the Technology giant apple’s profit fell in the third quarter, four per cent and amounted to 13.7 billion dollars.
the Company’s net sales grew two percent to 64 billion.
apple’s earnings exceeded analysts expectations. The company’s flagship product, namely the smartphone sales has slowed, but the openings were replaced with increased revenue streams in other sectors. For example, the music and payment services and smartwatch are pounding the apple for more money than in the past.
Source: AFP
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