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Apple’s Slowing IPhone, IPad Sales Test Investor Resolve

Apple Inc. is testing Wall Street’s patience with its slowing iPhone and iPad sales.

Shares of the world’s most valuable company have sunk more than 5 percent this year and investors will take cues on the stock’s future direction from a quarterly report today. Yet even with Apple set to get a boost from a new partnership to sell iPhones through China’s largest wireless carrier, revenue is projected to be flat for the first time in at least a decade, according to data compiled by Bloomberg. Profit is also estimated to decline 5 percent, making it the sixth consecutive period with little to no gains.