Apple Reports Better-Than-Expected Quarter Driven By iPhone Sales

Apple reported stronger-than-anticipated iPhones sales in its second-fiscal quarter earnings report today."The highlight of Apple's report was iPhone sales, which grew from the year-ago quarter even as the broader smartphone industry contracted nearly 15% during the same time," reports CNBC, citing an IDC estimate. "IPhone revenue grew 2% during the quarter, suggesting that parts shortages and supply chain issues that had hampered the product for the last few years, including an iPhone factory s