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Why Apple believes iPhone sales are finally turning around
After the collective freak-out about Apple’s poor showing during its last financial quarter, this quarter’s results were refreshingly boring. Apple had $58 billion in revenue, more or less what they said they’d do three months ago. The company made $11.6 billion in profit, which is a really good kind of boring.
Still, there are always tidbits from Apple’s mandated disclosures, and the hourlong conference call with financial analysts that follows them, that can give us some hints about how Apple’s business is doing. Here are five of them.