Apple live blog: Cook and Co. to address Q2 decline on earnings call

April 26, 2016 8:51 PM

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SAN FRANCISCO— Despite iPhone sales of 51 million that met analyst expectations, Apple posted FY Q2 earnings and revenue that missed on both revenue and earnings per share Tuesday.

The company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share, short of analyst predictions of $52 billion and EPS of $2, according to analysts polled by S&P Global Market Intelligence.

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