Apple somehow sold $9 billion in Macs last quarter

Despite navigating its first fourth-quarter without a new iPhone in a nearly decade, Apple still managed to eke very slight growth. The company posted revenue of $64.7 billion versus $64 billion during the 2019 quarter, even with a significant dip in iPhone sales.

For the three-month period ending September 26, 2020, Apple sold $26.4 billion worth of iPhones, down roughly 20 percent from last year, when the iPhone 11 was launched. Early estimates are that the iPhone 12 is selling very well, however, so that figure should rebound nicely next quarter, which includes the holiday shopping season.

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