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Financial experts forecast more bad news for Apple

October 26, 2016

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Later today Apple will once again announce a sales decline for its biggest product lines, including the iPhone, the company’s financial powerhouse, according to more than two dozen analysts.

The September quarter results will be highlighted by a 6 percent year-over-year reduction in iPhone sales, making the third consecutive quarter of smartphone slump. The good news? The contraction will be less than half of the two previous quarters.

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