Apple iPhone sales weaker than expected

Apple said on Tuesday it sold 74.8 million iPhones in the three months ended Dec. 26, the first full quarter of sales of iPhone 6S and 6S Plus. *The company's first-quarter net profit rose 1.9 percent to $18.36 billion, while sales increased 1.7 percent to $75.87 billion - both records. “It’s disappointing to see them miss on an already downward adjusted sales number and the fact is that with their iPhone growth slowing what was needed was a product to be excited about.