Economy
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EconomyApple Sales Meet Estimates, China Is a Weak Spot
Apple’s revenue for the quarter ended Sept. 26 narrowly beat analysts’ estimates, while sales in China fell short of projections. Revenue rose 12% to $114.5 billion in the fiscal fourth quarter, compared with an average analyst estimate of $113.5 billion. The report, the first under CEO John Ternus, presented investors with a mixed picture.
