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Apple Revenue Drops 1%, but Profit Rises to $19.88 Billion

Apple Revenue Drops 1%, but Profit Rises to $19.88 Billion

“We’ve done a really good job with affordability programs around the world,” said Luca Maestri, Apple’s chief financial officer, during a call with analysts. “The majority of iPhones are sold using some kind of a program, trade-ins, installments, some kind of financing.”

The company weathered declines in sales of its devices with continued growth in App Store and watch sales. The company’s services business, which includes…


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Scherzer settles in, K's 9 to win Rangers debut

Scherzer settles in, K’s 9 to win Rangers debut

Chancellor Jeremy Hunt Admits Interest Rates Rise Won't Be 'Easy' For Households

Chancellor Jeremy Hunt Admits Interest Rates Rise Won’t Be ‘Easy’ For Households