Apple is 19 percent less profitable in Q4 of 2016 than in Q4 of 2015

Ars Technica
By Andrew CunninghamOct 25, 2016, 5:13 pm484 pts
Enlarge / The iPhone 7 and 7 Plus. (credit: Andrew Cunningham) Apple has just released its earnings report for the fourth quarter of fiscal 2016, which runs from the beginning of July to the end of September. As has been the case for the last two quarters, iPhone sales were down year-over-year, and that…

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