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IPhone 8 release date CONFIRMED for September, Apple earnings call hints

IPhone 8 release date CONFIRMED for September, Apple earnings call hints

Apple on Tuesday released its earnings report for the June quarter, revealing strong sales across its lineup. Interestingly, worldwide sales made up 61 per cent of the quarter's revenue.

Taking note of Apple's fiscal 2017 fourth quarter guidance, Apple watchers surmise that the company's expected revenue for the September quarter suggests no delay in its iPhone 8 launch. It sold over 41 million iPhones during the period, up 2 percent in units and 3 percent in revenue year over year. But it seems the new line of MacBook Pros hasn't had the same effect; Mac sales are up just 1 percent YoY. Apple sold 15 percent more iPad devices in the quarter, those revenue was only up 2 percent.

Trump signs sanctions bill, says it's flawed
It passed in the Senate on Thursday with a 98-2 vote and in the House last Tuesday, 419-3. Nevertheless, President Trump stated he would honor the bill.

APPLE reported Q3 revenue of $45.4 billion, up 7% from the same quarter previous year, with Net income of $8.7 billion.

Apple shares were 5.8% up in U.S. pre-market trading, following the release of third quarter results.

Thespian Dilip Kumar hospitalised
However, doctors have said that diagnosis has shown that it was normal age-related complications. Veteran actor Dilip Kumar was admitted to in the ICU at Lilavati hospital in Mumbai .

The only real downside to the report is the continued sales slide in China, where the company reported that revenue was down 10 percent.

Apple reported improved sales growth in its fiscal third quarter to June, with revenue up 7 percent to Dollars 45.41 billion, at the top of its forecast range.

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Monaco recently said it was hopeful that the teenager valued at 180 million euros ($213 million) would agree to a new contract. Monaco did not immediately respond to an email requesting comment.

It remains to be seen whether Apple's strong iPad growth will continue going forward, but the positive reception to lower prices could be a sign that the company will also see success around the holidays. (Nasdaq: QCOM), it is unknown if these chipsets will be onboard the iPhone 8. That is surprising to say the least, considering many analysts had expected consumers to postpone their purchase in order to acquire the iPhone 8, which should release later this year. The company said quarterly revenues grew by 7% year-on-year to $45.4bn. Incidentally, revenue from both Greater China and Rest of Asia showed a sequential dip of -25 and -28 per cent respectively this quarter. Emphasizing Apple's commitment in manufacturing in India, Cook said he is "very, very bullish and very, very optimistic about India".


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