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Apple sold 40.4 million iPhones this quarter, beating expectations

JILLIAN D'ONFROJul 27, 2016, 02:07 IST

Stephen Lam/Getty Images

Apple just announced its Q3 earnings, slightly beating Wall Street's expectations for its earnings per share.

It also beat expectations for the number of iPhones it would selling, hitting 40.4 million units, versus the 39.9 million that analysts were expecting.

That's compared to the 47.5 million units it sold in Q3 2015.

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