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Apple Confirms iPhone X Woes: iPhone Sales Drop, Miss; Guidance Surprisingly Weak

It looks like neither Alphabet/Google nor Apple will hit $1 trillion in market cap after today's earnings, with the former sliding - as noted previously - after it missed on earnings and TAC, while Apple reported Q1 results which missed on number of iPhones sold - which not only missed but actually declined 1.3% relative to last year - and on the company's revenue guidance which was far weaker than expected.
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