Similar Stories to Apple Reports Record Revenues Despite Stagnant Iphone Sales on Bing News

Enlarge / Apple CEO Tim Cook. (credit: Lionel Hahn/Getty Images) Apple reported its earnings results for the third quarter of the 2024 fiscal year, and it satisfied investors' expectations at the top level with 5 percent growth year over year. The company set a third-quarter record with $85.8 billion in revenue. Despite that growth, a couple of key things investors were concerned about—overall iPhone sales and revenue in China—slipped downward, and Apple's stock fell slightly in after-hours trading. Revenue in China fell to $14.7 billion, down 6.3 percent from a year ago, as Apple faces fierce competition from Huawei and other smartphone companies.

Topics:  enlarge    apple ceo tim   lionel hahn/getty images    revenue   huawei   read   comments   apple   ceo tim   cook   china   record   iphone sales   year   investors   fell   percent   top   growth   billion   
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