Apple Reports 8 Percent Boost in Quarterly Revenue, Warns of 'Increasingly Difficult Economic Conditions'

Apple on Thursday reported that the company's quarterly revenue was up by 8 percent, an improvement over the 2 percent increase in revenue for the April-June quarter. The company's iPhone sales accounted for most of its success during the past quarter, even though the company didn't sell quite as many of the devices as analysts had hoped. Apple CEO Tim Cook acknowledg...

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