Apple's iPhone revenue for the first quarter of the financial year 2019, which ended on 29 December, was down by 15% compared to the corresponding quarter a year prior, but its total revenue from all other products and services grew by 19% year-on-year.
Apple has reported better earnings than expected for its fiscal fourth quarter, but the company's shares fell 7% on Thursday after chief executive Tim Cook warned that the next quarter, that covers the holiday season, could see less sales than predicted.
A smaller than usual rise in iPhone shipments has not prevented Apple from delivering its best June quarter, with the world's richest technology company registering revenue of US$53.3 billion for the third fiscal quarter.
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