25-10-2016 22:48 via news.yahoo.com

Apple iPhone sales fall but beat estimates; shares slip

Apple Inc sold more iPhones than Wall Street had expected in the latest quarter, and the company forecast higher-than-expected revenue for the critical holiday-shopping season. The world's most valuable publicly traded company said on Tuesday it sold 45.51 million iPhones in the three months ended Sept. 24, beating the average analysts' estimate of 44.8 million, according to research firm FactSet StreetAccount. Revenue from Greater China, once seen as Apple's next growth engine, fell 29.8 percen
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