
Apple has shown signs of a rebound in iPhone sales, reporting a 6% increase in sales totaling $46.22 billion for the July-September quarter. This growth marks a turnaround from two consecutive year-over-year declines in iPhone sales. The positive performance in iPhone sales contributed to Apple exceeding analyst projections for total quarterly revenue and profit, despite a one-time charge of $10.2 billion related to back taxes.
Apple's revenue for the quarter reached $94.93 billion, a 6% increase from the previous year and slightly higher than analysts' forecasts. However, the company's stock price dipped by about 2% in extended trading following a forecast for the October-December quarter that fell short of some analysts' expectations.