Apple’s Profit Falls Despite Higher Sales of iPhones

On Monday, Apple reported a profit of $7.5 billion for the fourth fiscal quarter, on revenue of $37.5 billion, down from earnings of $8.2 billion on $36 billion in revenue during the same period last year.

Apple’s iPhone sales

Read the complete story: http://www.nytimes.com/2013/10/29/technology/apple-profit-falls-despite-strong-iphone-sales.html