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INDUSTRY NEWS

Apple Sales Inch Up 1% in September Quarter, iPhone Revenue Drops 21% Ahead of New Model Launches

29 October 2020

Apple raked in record revenue of $64.7 billion for the September 2020 quarter, although that was up just 1% year-over-year. The tech giant’s Service business revenue rose 16%, to $14.55 billion in the period, also a record. However, sales of Apple’s flagship iPhone plunged in the quarter — down 21% — ahead of the rollout […] [...]

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