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iPad sales help bail out Apple amid a continued iPhone slide
Apple on Thursday announced that its third-quarter financials beat Wall Street expectations, as its overall revenue ticked up 5%. Tablet sales, fueled by the line’s largest refresh in years, helped counter slowed iPhone revenue, which dropped from $39.7 billion to $39.3 billion year-on-year. In spite of a drop for the quarter, iPhone remained Apple’s most important category by a wide margin, followed by service, which includes software offerings like iCloud, Apple TV+ and Apple Music.
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