Reuters has reported that Apple missed Wall Street's revenue forecast for the third straight quarter, mainly because iPhone sales were lower than expected. This news made investors worried about Apple's dominance in the mobile industry, as its shares fell 10 percent closing at $463. That was equivalent to a market value loss of around $50 billion. Apple said it shipped 47.8 million iPhones last quarter, which was up 29 percent compared to the same time period last year.
Gadget.com , Apple Revenue, iPhone Sales Fall Short Last Quarter, Apple Revenue, iPhone Sales Fall Short Last Quarter
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