By Stephen Nellis (Reuters) - Apple Inc iPhone sales dropped to less than half of quarterly revenue for the first time in seven years, but CEO Tim Cook on Tuesday described the change as successfully diversifying away from a single product and forecast results above Wall Street targets. That strategy proved especially useful in China, the world's largest smartphone market.
The post Apple’s services, wearables shore up results as iPhone drops below half of sales appeared first on Firstpost.
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