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Apple is getting a good quarter on high revenue, services



Apple's quarterly earnings pleased investors who sent the stock sharply higher in after-hours trading. A $ 53.8 billion revenue mark was the best ever in the June quarter. Results were down due to lower margins, which was expected. Services played a big role in numbers, offsetting lower iPhone sales that accounted for just under half of revenue for the first time since 201

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Services include things like Apple TV, iCloud subscriptions and Apple News and Apple Music. Apple also revealed today that Apple Card, a new credit card collaboration, is launching in August.


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