Apple Returns to Growth as Wearables Revenue Soars
On Tuesday afternoon, Apple (NASDAQ: AAPL) proved to investors it isn't stuck in a cycle of declining revenue. After reporting a 5% year-over-year decline in revenue in fiscal Q2, it returned to top-line growth in its fiscal third quarter as services revenue hit a record high and growth in wearables sales accelerated.
Here's a look at the results.
Watchbands at an Apple store. Image source: Apple.
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