Apple revenue returns to growth as iPhone sales top expectations
By Max A. Cherney and Aditya Soni (Reuters) -Apple on Thursday reported a return to sales growth in its fiscal third quarter as iPhone revenue topped Wall Street targets, helping cushion a bigger-than-expected sales decline in major market China. Shares of the company rose 1% in extended trading. Apple said revenue rose 4.9% to $85.78 billion in the three months ended June 29, beating the average analyst estimate of $84.53 billion, according to LSEG data. … Read more…