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Apple Results Suggest Stability After a Tough End to 2018

  • IPhone sales fell 15%, but other businesses grew over holiday
  • Revenue from wearables, home and accessories jumps 33%
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Breaking Down Apple's First-Quarter Earnings
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Apple Inc. reported holiday-quarter results and gave a forecast that together suggested the company’s performance has begun to stabilize after a punishing end to 2018.

While iPhone sales fell, revenue from other businesses, such as services and wearable devices, grew from a year earlier. The Cupertino, California-based company said fiscal second-quarter revenue will be between $55 billion and $59 billion. Analysts were looking for $58.97 billion, according to data compiled by Bloomberg.