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Apple earnings surprise critics (CNET News)

2018-05-02
it looks like Apple investors can breathe a sigh of relief right about now despite rumors of a slowdown in iPhone sales the Cupertino company proved them wrong their quarterly earnings report revealed a nearly three percent increase in iPhone sales and record profit Apple CEO Tim Cook said quote were thrilled to report our best March quarter ever with strong revenue growth in iPhone Services and wearables after a slight dip in sales for the holiday quarter and rumors of weak demand from iPhone 10 suppliers many feared the golden era of the iPhone had come to an end but iPhone sales were just shy of the 53 million expected Cooke even went on to mention that the iPhone 10 was their best-selling iPhone every week in the March quarter and Apple's other products iPad sales are slightly up while Mac sales are down a bit revenue is up for wearables like the Apple watch and headphones along with their service business which includes Apple music and the App Store and no numbers yet for Apple's newest product the home pod next on the horizon Apple's annual Developers Conference in June where we'll see its latest software updates and perhaps more about a rumored AR VR headset watch our live coverage of WWDC on June 4th
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