The iPhone is still king at Apple. Analysts cheered the company’s latest quarterly results which came in above consensus expectations, thanks in large part to the company’s strong iPhone sales. Apple reported $40.7 billion in iPhone sales in the June quarter, above consensus and up nearly 3% on the year. Several analysts noted that Apple’s iPhone sales can provide protection for the company going forward, especially as uncertainty about the…
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Apple’s iPhone sales are creating a strong ‘moat’ for the tech giant, analysts say
