Apple’s iPhone sales beat Street but iPad volumes slide
(Reuters) – Apple Inc (AAPL.O) forecast a strong holiday quarter after a better-than-expected 16 percent jump in iPhone sales, and the strongest growth in Mac computer shipments in years helped the company surpass Wall Street’s targets.
The company on Monday projected stronger-than-expected revenue of $63.5 billion to $66.5 billion in the December quarter, when new iPads and iPhones vie with rival devices from Microsoft Corp (MSFT.O) and Amazon.com Inc (AMZN.O) for consumers’ holiday outlays.
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Source News: Reuters.com
